Schnuck Todd R 4

What Happened

• Todd R. Schnuck, a director of Commerce Bancshares, received 790 shares via an award/grant (transaction code A) on May 29, 2026. The shares were recorded at $52.22 each, for a total value of $41,254. This was an award/compensation issuance rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-29
• Price per share: $52.22; Total value: $41,254
• Transaction type: A (award/grant/acquisition)
• Shares owned after the transaction: Not specified in the information provided in this summary
• Filing date: 2026-06-02 (Form 4 accession 0000022356-26-000157) — filed within the standard 2-business-day reporting window (timely)
• No footnotes or 10b5-1 plan, tax-withholding, or cashless-sale details were provided in the reported transaction

Context

• Awards to directors are typically part of compensation (restricted stock, RSUs, or similar) and do not necessarily reflect an immediate personal cash investment or change in market sentiment. There was no sale reported in this filing. For retail investors, such grants are common and often used to align directors with shareholder interests; they should be interpreted differently from open-market purchases by insiders.