CHAPMAN WILLIAM KYLE 4

What Happened

• William K. Chapman, a director of Commerce Bancshares, reported an acquisition by award (code A) of 662 shares on 2026-02-28. The reported price was $50.99 per share, for a total value of $33,755. This was an award/grant (company compensation), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-28 — 662 shares at $50.99 each (total $33,755).
• Transaction type: Award/Grant (Form 4 code A) — an acquisition via compensation.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: All stock holding balances were adjusted to include a 5% stock dividend (record date 12/2/2025; payable 12/16/2025).
• Filing date/timeliness: Report filed 2026-03-03 (filed within the typical two-business-day window following the 2/28 transaction).

Context

• Awards to directors are typically part of routine compensation packages and do not necessarily reflect personal trading decisions or a change in investment view. This transaction increases the director’s holdings by the awarded shares.