Commerce Bancshares (NASDAQ: CBSH) director gets stock grant and corrects holdings

Rhea-AI Filing Summary

DUNN TIMOTHY S reported acquisition or exercise transactions in this Form 4 filing.

Commerce Bancshares director Timothy S. Dunn reported a stock award and updated share holdings. He received a grant of 718 shares of Common Stock at a reference price of $52.22 per share, bringing his directly held stake to 6,255 shares.

The footnote explains this total includes 134 shares of Common Stock that were inadvertently left out of his original Form 3 filing, effectively correcting his previously reported ownership while reflecting the new award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DUNN TIMOTHY S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	718	$52.22	$37K

Holdings After Transaction: Common Stock — 6,255 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 718 shares Reference price: $52.22 per share Total shares after transaction: 6,255 shares +1 more

4 metrics

Shares granted 718 shares Common Stock grant on 2026-05-29

Reference price $52.22 per share Valuation for granted Common Stock

Total shares after transaction 6,255 shares Direct holdings following grant and correction

Previously omitted shares 134 shares Directly held shares omitted from original Form 3

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4, Form 3, +1 more

5 terms

Common Stock financial

"He received a grant of 718 shares of Common Stock at a reference price"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"The transaction was coded as a “Grant, award, or other acquisition”"

Form 4 regulatory

"What did Commerce Bancshares (CBSH) director Timothy Dunn report on this Form 4?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 3 regulatory

"were inadvertently omitted from his original Form 3 filing"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

directly held financial

"bringing his directly held stake to 6,255 shares"

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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^*

DUNN TIMOTHY S

(Last) (First) (Middle)

1000 WALNUT ST

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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	05/29/2026		A		718	A	$52.22	6,255(1)	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:

1. Includes 134 shares of common stock directly held by the reporting person that were inadvertently omitted from the original Form 3 filing on May 5, 2025.

	/s/ By: Steven A. Brandjord For: Timothy S. Dunn	06/02/2026
	** 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)

FAQ

What did Commerce Bancshares (CBSH) director Timothy Dunn report on this Form 4?

Timothy Dunn reported receiving a grant of 718 shares of Commerce Bancshares Common Stock. The filing also updates his total directly held shares to 6,255, reflecting both the new award and a correction to previously reported holdings.

How many Commerce Bancshares (CBSH) shares did Timothy Dunn acquire in this transaction?

He acquired 718 shares of Common Stock in a single grant transaction. The award is coded as a grant, award, or other acquisition, indicating it is compensation-related rather than an open-market purchase of shares.

What is Timothy Dunn’s total Commerce Bancshares (CBSH) ownership after this Form 4?

After the reported grant, Dunn directly holds 6,255 shares of Commerce Bancshares Common Stock. This total includes 134 shares that were mistakenly omitted from his original Form 3 ownership report filed earlier.

Was Timothy Dunn’s Commerce Bancshares (CBSH) transaction an open-market buy or a grant?

The transaction was a grant or award, not an open-market purchase. It is coded as a “Grant, award, or other acquisition,” meaning the shares were received as part of compensation or a similar arrangement rather than bought in the market.

Did this Commerce Bancshares (CBSH) Form 4 correct any prior reporting errors?

Yes. A footnote states that 134 shares of Common Stock directly held by Dunn were inadvertently omitted from his original Form 3. The updated total of 6,255 shares now properly includes those previously unreported shares.