[Form 4] COMMERCE BANCSHARES INC /MO/ Insider Trading Activity

Rhea-AI Filing Summary

Commerce Bancshares Executive Vice President Kevin G. Barth reported updated holdings and a small share award in company stock. On June 23, 2026, he indirectly acquired 120 shares of Common Stock through an executive compensation plan at $55.2899 per share, classified as a grant or award.

After this award, Barth reports 44,745 shares held directly. Indirectly, 15,512 shares are reported as held by his spouse, 50,935 shares through a 401(k) account, and 24,256 shares through the executive compensation plan. The filing reflects compensation-related ownership rather than open‑market trading.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider BARTH KEVIN G

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	120	$55.2899	$7K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 24,256 shares (Indirect, Exec Comp Plan); Common Stock — 44,745 shares (Direct, null)

Footnotes (1)

Key Figures

Awarded shares: 120 shares Award value per share: $55.2899 per share Direct holdings after transaction: 44,745 shares +3 more

6 metrics

Awarded shares 120 shares Grant/award acquisition on June 23, 2026 via Exec Comp Plan

Award value per share $55.2899 per share Value used for 120-share executive compensation grant

Direct holdings after transaction 44,745 shares Common Stock directly owned by Kevin G. Barth after June 23, 2026

Spouse indirect holdings 15,512 shares Common Stock held indirectly by spouse as reported

401(k) indirect holdings 50,935 shares Common Stock held indirectly via 401(k) account

Exec Comp Plan holdings 24,256 shares Common Stock held indirectly through Executive Compensation Plan after award

Key Terms

Executive Vice President, grant/award acquisition, indirect ownership, 401(k), +1 more

5 terms

Executive Vice President financial

"BARTH KEVIN G ... officer_title: "Executive Vice President""

An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

indirect ownership financial

""direct_or_indirect": "I", "ownership_type": "indirect""

401(k) financial

""nature_of_ownership": "401(k)""

A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

Exec Comp Plan financial

""nature_of_ownership": "Exec Comp Plan""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 04:04 PM Accepted by SEC EDGAR 06/25/2026 - 04:03 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BARTH KEVIN G

(Last) (First) (Middle)

1000 WALNUT ST., 7TH FLOOR

(Street)

KANSAS CITY MISSOURI 64106

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COMMERCE BANCSHARES INC /MO/ [ CBSH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/23/2026		A		120	A	$55.2899	24,256	I	Exec Comp Plan
Common Stock								50,935	I	401(k)
Common Stock								15,512	I	By Spouse
Common Stock								44,745	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	By Steven A. Brandjord For: Kevin G Barth	06/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)