|4Feb 13, 4:26 PM ET

Beaird Robert Brian 4

Research Summary

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UMB Financial (UMBF) CHRO Robert Beaird Surrenders 70 Shares for Taxes

What Happened

  • Robert B. Beaird, Chief Human Resource Officer of UMB Financial Corp (UMBF), had 70 shares disposed on Feb 11, 2026 as tax withholding related to restricted stock unit (RSU) vesting. The shares were recorded at $132.16 each for a total value of $9,251. This was a withholding/disposition to satisfy tax obligations on vested RSUs, not an open-market sale.

Key Details

  • Transaction date and price: Feb 11, 2026 — 70 shares at $132.16 per share (total $9,251).
  • Transaction type: Code F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
  • Footnote: F1 — reflects dividends earned upon vesting of the underlying restricted stock unit.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Filing: Reported on Feb 13, 2026 for the Feb 11 transaction; this appears to be a timely Form 4 filing (generally required within 2 business days).

Context

  • This is a routine tax-withholding event tied to RSU vesting, not a voluntary market sale that would indicate a change in sentiment. Such disposals are common when companies withhold or surrender shares to satisfy an insider’s tax liability upon vesting or dividend distribution.