BASSHAM TERRY D 4

What Happened
Terry D. Bassham, a director of Commerce Bancshares, received an award/acquisition of 736 shares on 2026-02-28 at an attributed price of $50.99 per share, a total value of $37,529. This transaction is recorded as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-28; Price: $50.99 per share; Total value: $37,529.
• Transaction code: A (award/grant — acquisition).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: All stock holding balances in the filing were adjusted to include a 5% stock dividend (record date 12/2/2025; payable 12/16/2025).
• Filing date: 2026-03-03; the filing appears timely based on the transaction date.

Context
An award/grant typically reflects compensation or board/shareholder-approved equity grants rather than an open-market purchase, and should be viewed differently from a director buying stock on the market. The 5% stock dividend adjustment noted in the footnote affects reported holding balances but does not change the reported grant size in this transaction.