Commerce Bancshares (CBSH) EVP updates insider stock holdings

Rhea-AI Filing Summary

Commerce Bancshares Inc. Executive Vice President Kevin G. Barth reported a small acquisition of company stock. On 12/15/2025, he acquired 116 shares of common stock at $53.6883 per share through an executive compensation plan. After this transaction, he beneficially owned 23,999 shares in an executive compensation plan, 49,747 shares in a 401(k) account, 15,512 shares held by his spouse, and 52,603 shares held directly. The filing notes that all stock holding balances were adjusted for a 5% stock dividend with a record date of 12/2/2025 and a payable date of 12/16/2025.

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 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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		A		116	A	$53.6883	23,999(1)	I	Exec Comp Plan
Common Stock								49,747	I	401(k)
Common Stock								15,512	I	By Spouse
Common Stock								52,603	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. 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: Kevin G Barth	12/17/2025
	** 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).
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FAQ

What insider transaction did Commerce Bancshares (CBSH) report for Kevin G. Barth?

Commerce Bancshares reported that Executive Vice President Kevin G. Barth acquired 116 shares of common stock on 12/15/2025 through an executive compensation plan at a price of $53.6883 per share.

How many Commerce Bancshares (CBSH) shares does Kevin G. Barth now beneficially own?

Following the reported transaction, Kevin G. Barth beneficially owned 23,999 shares in an executive compensation plan, 49,747 shares in a 401(k), 15,512 shares held by his spouse, and 52,603 shares held directly.

What is Kevin G. Barth’s role at Commerce Bancshares (CBSH)?

Kevin G. Barth is an Officer of Commerce Bancshares Inc., serving as Executive Vice President according to the filing.

Was there a stock dividend affecting Commerce Bancshares (CBSH) insider holdings?

Yes. The filing explains that all reported stock holding balances were adjusted to include a 5% stock dividend with a record date of 12/2/2025 and payable on 12/16/2025.

Are the Commerce Bancshares (CBSH) Form 4 holdings reported as direct or indirect ownership?

The filing lists 52,603 shares as direct ownership and additional shares as indirect through an executive compensation plan, a 401(k) account, and shares held by the officer’s spouse.