Commerce Bancshares (CBSH) SVP Douglas Neff reports 1,170-share stock award

Rhea-AI Filing Summary

Commerce Bancshares, Inc. insider activity: Senior Vice President Douglas D. Neff reported acquiring 1,170 shares of Commerce Bancshares common stock on February 3, 2026 at a stated price of $0 per share, indicating a grant or award rather than an open‑market purchase.

Following this transaction, Neff directly holds 11,746 common shares. He also has indirect ownership of 715 common shares through a 401(k) plan. The filing reflects changes in his personal holdings and does not describe any broader corporate event or financial results.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Neff Douglas D

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,170	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 11,746 shares (Direct); Common Stock — 715 shares (Indirect, 401(k))

Footnotes (1)

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^*

Neff Douglas D

(Last) (First) (Middle)

1000 WALNUT ST

(Street)

KANSAS CITY MO 64106

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		A		1,170	A	$0	11,746	D
Common Stock								715	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:

	/s/ By: Paul A. Steiner For: Douglas D. Neff	02/05/2026
	** 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 Douglas D. Neff report?

Douglas D. Neff reported acquiring 1,170 shares of Commerce Bancshares common stock. The shares were recorded at a price of $0 per share, indicating an award or similar grant rather than a cash purchase in the open market.

How many CBSH shares does Douglas D. Neff own after this Form 4?

After the transaction, Douglas D. Neff directly owns 11,746 Commerce Bancshares common shares. He also has an additional 715 common shares reported as indirectly owned through a 401(k) plan, reflecting retirement-related holdings separate from his direct ownership.

What is Douglas D. Neff’s role at Commerce Bancshares (CBSH)?

Douglas D. Neff is reported as a Senior Vice President of Commerce Bancshares. The Form 4 identifies him as an officer of the company, not a director or 10% owner, and details changes in his beneficial ownership of company common stock.

Was cash paid for the CBSH shares reported on this Form 4?

The 1,170 Commerce Bancshares shares were reported at a transaction price of $0 per share. This suggests the shares were received without a cash payment, such as through an equity grant or similar compensation arrangement rather than a market purchase.

How are Douglas D. Neff’s indirect CBSH holdings structured?

The filing reports 715 Commerce Bancshares common shares as indirectly owned by Douglas D. Neff. These indirect holdings are held through a 401(k) plan, indicating they are part of his tax-advantaged retirement savings rather than directly held brokerage shares.

Does this CBSH Form 4 indicate any major corporate event?

The Form 4 focuses solely on Douglas D. Neff’s personal holdings of Commerce Bancshares shares. It reports an equity acquisition and updated ownership balances, but does not describe earnings, major transactions, or other company-wide corporate developments.