TAYLOR CHRISTINE B reported acquisition or exercise transactions in this Form 4 filing.
Commerce Bancshares director Christine B. Taylor received a grant of 662 shares of common stock at $50.99 per share. This grant increased her directly held stake to 9,671 shares. The reported holdings have been adjusted to reflect a 5% stock dividend with a record date of December 2, 2025, payable December 16, 2025.
Commerce Bancshares Inc. director June McAllister Fowler reported an award of common stock. On this Form 4, she acquired 662 shares of Commerce Bancshares common stock as a grant at a reported price of $50.99 per share, increasing her direct holdings to 5,787 shares.
The footnotes state that all stock holding balances were adjusted to reflect a 5% stock dividend with a record date of December 2, 2025 and a payable date of December 16, 2025, meaning the reported share balances incorporate that stock dividend.
DUNN TIMOTHY S reported acquisition or exercise transactions in this Form 4 filing.
Commerce Bancshares director reports stock award
Timothy S. Dunn, a director of Commerce Bancshares, received a grant of 736 shares of common stock on February 28, 2026 at a reference price of $50.99 per share. Following this award, his directly held common stock totaled 2,903 shares, after reflecting a prior 5% stock dividend.
Commerce Bancshares director Terry D. Bassham reported an award of 736 shares of common stock, valued at $50.99 per share, classified as a grant or other acquisition. After this award, his direct holdings total 29,308 common shares. A footnote notes 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.
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.