Schnuck Todd R 4
Research Summary
AI-generated summary
Commerce Bancshares (CBSH) Director Todd R. Schnuck Receives 809 Shares
What Happened
- Todd R. Schnuck, a director of Commerce Bancshares, received an award/acquisition of 809 shares on February 28, 2026. The transaction price reported was $50.99 per share, for a total value of $41,251. This was a grant/award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-28 at $50.99 per share (total $41,251)
- Shares acquired: 809
- Shares owned after transaction: not specified in the provided filing
- Filing date: 2026-03-03 — appears timely (within the Form 4 two-business-day filing requirement)
- Footnote: All stock holding balances were adjusted to include a 5% stock dividend (record date 12/2/2025, payable 12/16/2025)
Context
- This was a company grant/award (code A), which commonly reflects director compensation such as restricted stock or similar awards rather than an open-market purchase. Such awards are routine forms of compensation and do not, by themselves, indicate the insider’s personal buying/selling sentiment.