Commerce Bancshares (CBSH) director logs open-market sale of 200 shares

Rhea-AI Filing Summary

Commerce Bancshares director June McAllister Fowler sold 200 shares of Common Stock in an open-market transaction. The sale occurred at an average price of $55.035 per share. After this transaction, she directly holds 6,233 shares of Commerce Bancshares Common Stock.

Insider Trade Summary

Net Seller: 200 shares ($11,007)

Net Sell 1 txn

Insider FOWLER JUNE MCALLISTER

Role null

Sold 200 shs ($11K)

Type	Security	Shares	Price	Value
Sale	Common Stock	200	$55.035	$11K

Holdings After Transaction: Common Stock — 6,233 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 200 shares Sale price per share: $55.035 per share Shares held after transaction: 6,233 shares +1 more

4 metrics

Shares sold 200 shares Open-market sale of Common Stock

Sale price per share $55.035 per share Average price for the 200 shares sold

Shares held after transaction 6,233 shares Direct Common Stock holdings post-sale

Net share direction -200 shares Net-sell based on transaction summary

Key Terms

Common Stock, open-market sale, direct ownership, Form 4

4 terms

Common Stock financial

"security_title: "Common Stock""

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.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

direct ownership financial

"ownership_type: "direct" and ownership_code: "D""

Form 4 regulatory

"INSIDER FILING DATA (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.

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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^*

FOWLER JUNE MCALLISTER

(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)
06/16/2026

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	06/16/2026		S		200	D	$55.035	6,233	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: June McAllister Fowler	06/18/2026
	** 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 Commerce Bancshares (CBSH) report for June McAllister Fowler?

Commerce Bancshares reported that director June McAllister Fowler sold 200 shares of Common Stock. The transaction was an open-market sale at an average price of $55.035 per share, and it was recorded as a direct ownership transaction.

At what price did the Commerce Bancshares (CBSH) director sell shares?

The director sold Commerce Bancshares Common Stock at an average price of $55.035 per share. This price reflects the execution level for the 200 shares sold in the open market on the reported transaction date.

How many Commerce Bancshares (CBSH) shares does June McAllister Fowler hold after this sale?

Following the sale, June McAllister Fowler directly holds 6,233 shares of Commerce Bancshares Common Stock. This post-transaction balance reflects her remaining direct ownership after selling 200 shares in the reported open-market transaction.

Was the Commerce Bancshares (CBSH) insider transaction a buy or a sell?

The reported insider transaction was a sale. Director June McAllister Fowler executed an open-market sale of 200 shares of Commerce Bancshares Common Stock, as indicated by the Form 4 transaction code “S” and the transaction description.

What type of security was involved in the Commerce Bancshares (CBSH) Form 4 filing?

The Form 4 filing involved Commerce Bancshares Common Stock. Director June McAllister Fowler sold 200 shares of this Common Stock class in an open-market transaction, and the filing reports her remaining direct holdings after the sale.

Does the Commerce Bancshares (CBSH) Form 4 show any derivative securities activity?

The Form 4 does not report any derivative securities activity. The transaction summary shows zero derivative transactions and no option exercises, focusing solely on the 200-share open-market sale of Common Stock and the resulting direct share balance.