Commerce Bancshares (CBSH) CFO reports 2,561-share tax withholding and updated holdings

Rhea-AI Filing Summary

Commerce Bancshares executive Charles G. Kim, Executive Vice President and CFO, reported an automatic transaction involving company common stock. On 02/02/2026, 2,561 shares of common stock were withheld at a price of $53.23 per share, typically reflecting shares withheld to cover taxes on equity awards.

After this transaction, Kim beneficially owned 87,997 shares of Commerce Bancshares common stock directly. He also held 54,217 shares indirectly through a 401(k) plan. All reported stock holding balances were adjusted to reflect a 5% stock dividend with a record date of 12/2/2025 and payment date of 12/16/2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider KIM CHARLES G

Role Exec. Vice President and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,561	$53.23	$136K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 87,997 shares (Direct); Common Stock — 54,217 shares (Indirect, 401(k))

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

KIM CHARLES G

(Last) (First) (Middle)

8000 FORSYTH BLVD.

(Street)

CLAYTON MO 63105

(City) (State) (Zip)

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)
	Exec. Vice President and CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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

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

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

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	02/02/2026		F		2,561	D	$53.23	87,997(1)	D
Common Stock								54,217	I	401(k)

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:

1. All stock holding balances adjusted to include a 5% stock dividend. Record date of 12/2/2025, payable 12/16/2025.

	By: Paul A. Steiner For: Charles G. Kim	02/04/2026
	** 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.

FAQ

What insider transaction did CBSH executive Charles G. Kim report?

Charles G. Kim reported an automatic transaction involving 2,561 shares of Commerce Bancshares common stock on 02/02/2026. The shares were withheld at $53.23 each, typically corresponding to stock withheld to cover tax obligations on equity compensation.

How many CBSH shares does Charles G. Kim own after this Form 4?

After the reported transaction, Charles G. Kim beneficially owned 87,997 Commerce Bancshares common shares directly. He also held 54,217 additional shares indirectly through a 401(k) plan, reflecting his ongoing equity stake in the company following the withholding event.

What does the 5% stock dividend mean for CBSH share balances?

All reported stock holding balances were adjusted for a 5% stock dividend. The dividend had a record date of 12/2/2025 and was payable 12/16/2025, increasing each holder’s share count by 5 percent while keeping overall economic ownership proportionally the same.

Was the CBSH Form 4 transaction a purchase or a sale of shares?

The Form 4 uses transaction code “F,” indicating shares were withheld, not sold in the open market. This generally reflects shares withheld by the issuer to cover taxes on vesting equity awards, rather than a discretionary purchase or sale by the executive.

How many CBSH shares does Charles G. Kim hold indirectly in his 401(k)?

The filing shows that 54,217 Commerce Bancshares common shares are held indirectly in a 401(k) account for Charles G. Kim. These shares are separate from his 87,997 directly held shares and reflect retirement-plan ownership of company stock.

What role does Charles G. Kim hold at Commerce Bancshares (CBSH)?

Charles G. Kim is identified as an Executive Vice President and Chief Financial Officer of Commerce Bancshares. As a senior officer, his equity holdings and reportable transactions in CBSH common stock must be disclosed through Form 4 insider filings.