Odgers David Carl 4
Research Summary
AI-generated summary
UMB Financial (UMBF) Chief Accounting Officer Odgers Receives RSU Award
What Happened
- David Carl Odgers, Chief Accounting Officer of UMB Financial Corp (UMBF), received a grant of 405 restricted stock units (RSUs) on Feb 9, 2026 (reported in Form 4). Separately, 49 shares were surrendered on Feb 7, 2026 to satisfy tax withholding obligations at a reported value of $134.32 per share, totaling $6,582.
Key Details
- Transactions:
- Feb 7, 2026 — 49 shares disposed (tax withholding) at $134.32 per share; total ≈ $6,582. (Code F)
- Feb 9, 2026 — 405 shares granted (restricted stock units) at $0.00 (award). (Code A)
- Shares owned after the transactions: not specified in the provided filing.
- Footnotes:
- F1: The 49-share surrender reflects dividends earned upon vesting of the underlying RSU.
- F2: The awarded RSUs vest over three years: 33% on Feb 9, 2027; 33% on Feb 9, 2028; 34% on Feb 9, 2029.
- Filing: Form 4 filed Feb 10, 2026; the filing itself does not flag a late filing.
Context
- The 405-share entry is an equity award (RSUs), not an open-market purchase—awards are common as compensation and vest over time. The 49-share disposition is routine tax withholding (shares surrendered to cover taxes) and does not necessarily indicate a sale for investment reasons.