RASSIEUR BENJAMIN F III 4

What Happened

• Benjamin F. Rassieur III, a director of Commerce Bancshares, received 735 shares as an award/acquisition on February 28, 2026. The grant was reported at a per-share value of $50.99, totaling approximately $37,478.

Key Details

• Transaction date: 2026-02-28; Filing date: 2026-03-03 (report lists the period of report as 2026-02-28).
• Transaction type/code: A — Grant, award or other acquisition.
• Shares/price/value: 735 shares @ $50.99 per share; total reported value ≈ $37,478.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: All stock holding balances were adjusted to include a 5% stock dividend (record date 12/02/2025; payable 12/16/2025).

Context

• This was an award (director compensation/benefit), not an open-market purchase or sale. Awards and grants to directors are common and do not necessarily signal a personal market bet. The footnote indicates prior share balances were adjusted for a 5% stock dividend, which can affect reported holdings and per-share calculations.