Odgers David Carl 4

What Happened
David Carl Odgers, Chief Accounting Officer of UMB Financial Corp (UMBF), had 29 shares withheld to satisfy tax obligations tied to vested restricted stock units (RSUs). The withholding was recorded at $132.87 per share for a total value of approximately $3,853. This was a tax-withholding/administrative disposition—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-10
• Price per share: $132.87; Shares withheld/disposed: 29; Total value: ~$3,853
• Transaction code: F (payment of exercise price or tax liability — here used to cover taxes on RSU vesting)
• Footnote: F1 — reflects dividends earned upon vesting of the underlying restricted stock unit
• Shares owned after the transaction: Not disclosed in the provided excerpt
• Filing date: 2026-02-12 — filed promptly after the 2/10 transaction (appears timely)

Context
This is a routine tax-withholding event associated with RSU vesting. Such withholdings reduce the insider’s reported shares outstanding but are administrative and do not signal a discretionary sale or a buy decision by the insider. If shares had been sold on the open market, the filing would show a sale transaction code (e.g., S) rather than an F withholding.