BASSHAM TERRY D 4

What Happened
Terry D. Bassham, a director of Commerce Bancshares, received 718 shares under an award/acquisition reported on May 29, 2026. The filing lists a per-share value of $52.22, putting the reported value of the grant at about $37,494. This was reported as an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-05-29 — 718 shares @ $52.22 per share (total ≈ $37,494).
• Transaction type: A = Award/Grant/Other acquisition (likely a stock grant or restricted stock/RSU award).
• Shares owned after transaction: Not disclosed in the excerpt of this filing.
• Filing date and timeliness: Form 4 filed 2026-06-02 — appears timely (filed within two business days).
• No footnotes in the provided excerpt (no 10b5-1, tax‑withholding, or cashless sale language disclosed).

Context
Award or grant transactions for directors are commonly part of compensation or board retainer programs and may vest over time; they do not necessarily indicate the director is buying or selling based on a view of the stock. The reported grant value here is modest (~$37.5k) relative to many executive grants but is useful to note as insider ownership activity.