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Commerce Bancshares director William Kyle Chapman reported an acquisition of company stock through a grant or award. He received 662 shares of common stock at an indicated value of $50.99 per share, bringing his direct holdings to 9,480 shares after the transaction. A footnote states that all stock holding balances were adjusted for a 5% stock dividend with a record date of December 2, 2025 and payable on December 16, 2025.
Daniel Karen L reported acquisition or exercise transactions in this Form 4 filing.
Commerce Bancshares director Karen L. Daniel reported receiving a grant of 907 shares of common stock on February 28, 2026. The award was recorded at a price of $50.99 per share. Following this grant, Daniel directly holds 19,419 shares of Commerce Bancshares common stock.
Commerce Bancshares, Inc. reports a sizable Midwestern-focused banking franchise with $32.9 billion in assets, $17.8 billion in loans, $25.6 billion in deposits and $3.8 billion in equity at December 31, 2025. The company operates 140 branches across Missouri, Kansas, central Illinois, Oklahoma and Colorado, plus commercial and wealth offices in several other states.
On January 1, 2026, Commerce completed an all‑stock acquisition of FineMark Holdings, issuing 9.9 million shares. FineMark contributed $2.7 billion of loans, $3.1 billion of deposits and $8.7 billion of assets under administration, expanding the wealth business and adding 13 branches in Florida, Arizona and South Carolina. In January 2026 Commerce liquidated FineMark’s debt securities portfolios for $543.0 million of proceeds, used to pay off $350 million of FHLB advances and move $1.0 billion of high‑cost trust deposits off balance sheet.
The company highlights strong capital ratios above Basel III minimums, a long record of dividend growth, and ongoing share repurchases, while outlining extensive risk factors around interest rates, credit quality, regulation, competition, technology and cybersecurity.
Commerce Bancshares Senior Vice President Paula S. Petersen exercised stock appreciation rights on February 11, 2026, converting rights into 1,957 shares of common stock at an exercise price of $26.957 per share.
To cover obligations tied to this exercise, 299 shares of common stock were disposed of as a tax-withholding transaction at $54.8 per share, and an additional 963 shares were disposed of to the issuer at the same price.
After these transactions, Petersen directly held 43,987 shares of Commerce Bancshares common stock and indirectly held 4,932 shares through a 401(k) account.
Commerce Bancshares Inc. Executive Vice President Kevin G. Barth sold common stock in an open-market transaction. On February 11, 2026, he sold 7,457 shares of Commerce Bancshares common stock at an average price of $55.0872 per share, with sale prices ranging from $55.00 to $55.25.
After this sale, Barth directly owned 44,745 common shares. He also reported additional indirect holdings, including 50,251 shares through a 401(k), 15,512 shares held by his spouse, and 23,999 shares in an executive compensation plan.
Commerce Bank has filed a Schedule 13G reporting beneficial ownership of 8,462,359 shares of Commerce Bancshares, Inc. common stock, representing 6.2% of the class.
The bank reports sole voting power over 2,098,985 shares and shared voting power over 2,943,320 shares. It has sole dispositive power over 3,469,458 shares and shared dispositive power over 2,191,365 shares. All reported shares are held in Commerce Bancshares’ 401(k) plan or by investment advisory clients of Commerce Bank, which is deemed a beneficial owner due to discretionary investment and/or voting authority. The holdings are certified as being acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
A holder of Common Stock in issuer CBSH has filed a Form 144 notice to sell 7,457 shares through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $410,784.88. The planned sale date is approximately February 11, 2026.
The shares were acquired on February 2, 2026 through restricted stock vesting from the issuer as compensation, with full payment made on the same date. The filing notes that 132,414,687 shares of this class were outstanding, providing a baseline for the size of the planned sale.
Commerce Bancshares President and CEO John W. Kemper, also a director, reported selling 23,397 shares of common stock on 02/05/2026 at an average price of $53.9941 per share, with sale prices ranging from $53.70 to $54.51.
After this transaction, Kemper directly owned 206,528 common shares and indirectly held 284,092 common shares through Tower Properties Co, reflecting both his personal and affiliated ownership stakes in Commerce Bancshares.
Commerce Bancshares, Inc. updated executive compensation for 2026. On February 3, 2026, the board’s Compensation and Human Resources Committee set new base salaries effective March 28, 2026 and approved 2025 performance-based cash bonuses for the CEO and other named executive officers.
The CEO, John W. Kemper, received a $1,050,000 performance-based cash bonus and 2,313,108 in performance-vested RSUs by value, with 36,076 performance-vested RSUs and 18,038 time-vested RSUs. Other executives received 2026 salaries between 547,690 and 619,126 and bonuses between 662,918 and 802,483.
The company adopted a new long-term incentive design splitting awards into one-third time-vested RSUs and two-thirds performance-vested RSUs. Both vest on a three-year cliff schedule, with performance units tied equally to adjusted return on average equity and diluted EPS growth, and subject to a ±20% total shareholder return modifier.
Commerce Bancshares, Inc. (CBSH) insiders filed a notice of proposed stock sales under Rule 144. The filing covers 23,397 shares of common stock to be sold through Capis Wealth Manager on NASDAQ, with an indicated aggregate market value of $1,262,949.07 and an approximate sale date of February 5, 2026.
The shares were acquired on February 4, 2026 in a non-cash transaction described as exercising restricted CBSH shares held at Fidelity. The filer affirms they are not aware of undisclosed material adverse information about the company’s current or prospective operations.