4Filed Aug 17, 8:00 PM ET
UMB Financial (UMBF) Chief Credit Officer Terry Thomas Sells Shares
$UMBF · UMB FINANCIAL CORPResearch Summary
AI-generated summary of this SEC filing
UMB Financial (UMBF) Chief Credit Officer Terry Thomas Sells Shares
What Happened
- Terry Thomas, Chief Credit Officer of UMB Financial Corp (UMBF), sold 5,713 shares in an open-market transaction on August 17, 2026. The weighted average sale price was $151.77, resulting in gross proceeds of approximately $867,062. This transaction is recorded as a sale (code S).
Key Details
- Transaction date: 2026-08-17 (filed 2026-08-18)
- Price: weighted average $151.77; individual trade prices ranged from $151.53 to $152.09 (see footnote)
- Shares sold: 5,713; proceeds ≈ $867,062
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: The reported price is a weighted average; the filer can provide a breakdown of shares sold at each price on request to the issuer, shareholders, or the SEC staff
- Timeliness: Filing date (Aug 18, 2026) is the day after the trade and falls within the typical two-business-day Form 4 reporting window (i.e., not late)
Context
- This was a straight sale of existing shares (not an option exercise or award). Sales by executives can be routine (e.g., for diversification, tax, or personal reasons) and do not by themselves indicate company performance. No additional derivative transactions or special arrangements were reported in the provided excerpt.