Commerce Bancshares (CBSH) EVP receives 137-share stock grant

Rhea-AI Filing Summary

BARTH KEVIN G reported acquisition or exercise transactions in this Form 4 filing.

Commerce Bancshares Executive Vice President Kevin G. Barth received an award of 137 shares of common stock on March 24, 2026 under an executive compensation plan at an indicated value of about $48.09 per share. After this grant, he indirectly holds 24,136 shares through the plan, 50,251 shares in a 401(k), 15,512 shares held by his spouse, and directly holds 44,745 shares of company stock.

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

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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)
03/24/2026

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	03/24/2026		A		137	A	$48.0931	24,136	I	Exec Comp Plan
Common Stock								50,251	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 Paul A. Steiner For: Kevin G Barth	03/26/2026
	** 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 insider transaction did CBSH executive Kevin G. Barth report?

Kevin G. Barth reported receiving 137 shares of Commerce Bancshares common stock as a compensation-related award. The shares were granted under an executive compensation plan on March 24, 2026, rather than purchased on the open market, making this a routine equity compensation transaction.

At what price was the CBSH stock award to Kevin G. Barth valued?

The 137-share award to Kevin G. Barth was valued at approximately $48.0931 per Commerce Bancshares share. This figure reflects the transaction price per share associated with the grant under the executive compensation plan reported in the Form 4 filing on March 24, 2026.

How many Commerce Bancshares shares does Kevin G. Barth hold after this Form 4?

After the reported grant, Kevin G. Barth holds 24,136 shares indirectly via an executive compensation plan, 50,251 shares indirectly in a 401(k), 15,512 shares indirectly through his spouse, and 44,745 shares directly. These positions together show a substantial ongoing ownership interest in Commerce Bancshares stock.

Is the CBSH Form 4 for Kevin G. Barth a stock purchase or a grant?

The Form 4 shows a stock grant, not an open-market purchase. Kevin G. Barth received 137 shares of Commerce Bancshares common stock as a compensation-related award coded as an “A” transaction, which represents a grant, award, or other acquisition from the company.

How is Kevin G. Barth’s ownership in CBSH shares structured?

Kevin G. Barth’s Commerce Bancshares holdings are split between direct and indirect ownership. He directly owns 44,745 shares, and indirectly owns additional shares through an executive compensation plan, a 401(k) account, and shares held by his spouse, according to the Form 4 details.