Daniel Karen L 4

What Happened
Karen L. Daniel, a director of Commerce Bancshares, received a grant of 907 shares (transaction code A) on February 28, 2026. The reported acquisition price is $50.99 per share, for a total reported value of approximately $46,248. This was an award/grant from the company rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-28; filing date: 2026-03-03.
• Transaction type/code: A = Grant, award, or other acquisition.
• Shares acquired: 907 at $50.99 per share; total value ≈ $46,248.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes/plan info: None reported in the provided summary (no 10b5-1, tax withholding, or cashless sale noted).
• Timeliness: Filed March 3, 2026. The filing does not indicate a late-reporting flag.

Context
Grants to directors are typically part of compensation or long-term incentive plans and do not necessarily reflect immediate buying or selling sentiment by the insider. For retail investors, such awards are informative about how the company compensates directors but are different from open-market purchases, which some view as a clearer bullish signal.