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.
Commerce Bancshares insider activity: Senior Vice President Margaret M. Rowe reported an acquisition of 1,866 shares of Commerce Bancshares common stock on February 3, 2026, at a reported price of $0 per share. The filing notes that all stock holding balances were adjusted to reflect a 5% stock dividend with a record date of December 2, 2025 and payable December 16, 2025.
After this adjustment, Rowe held 7,085 shares directly and 17,701 shares indirectly through a 401(k) account. This reflects updated ownership levels following the stock dividend rather than an open-market purchase.
Commerce Bancshares executive David L. Roller, a Senior Vice President, reported two transactions in the company’s common stock. On February 3, 2026, he acquired 2,736 shares at $0 per share, increasing his direct holdings to 31,669 shares. On February 4, 2026, he sold 1,134 shares at $54.48 per share, leaving 30,535 shares held directly. He also reports 2,155 shares held indirectly through a 401(k) account.
Commerce Bancshares Senior Vice President Paula S. Petersen reported an acquisition of company stock. On February 3, 2026, she acquired 2,799 shares of Commerce Bancshares common stock at a reported price of $0 per share, increasing her directly held position to 43,292 shares.
In addition, she is reported to beneficially own 4,932 shares indirectly through a 401(k) plan. This filing simply updates her ownership records and reflects a stock award or similar no-cost acquisition rather than an open‑market purchase.
Commerce Bancshares executive David L. Orf reported acquiring additional company stock. On February 3, 2026, he acquired 2,643 shares of Commerce Bancshares common stock at a stated price of $0 per share, increasing his direct holdings to 24,962 shares.
In addition to these directly held shares, he is also reported as indirectly holding 24,001 shares through a 401(k) plan. Orf is listed as an Executive Vice President and Chief Credit Officer, so these holdings reflect equity exposure by a senior officer.
Commerce Bancshares, Inc. insider activity: Senior Vice President Douglas D. Neff reported acquiring 1,170 shares of Commerce Bancshares common stock on February 3, 2026 at a stated price of $0 per share, indicating a grant or award rather than an open‑market purchase.
Following this transaction, Neff directly holds 11,746 common shares. He also has indirect ownership of 715 common shares through a 401(k) plan. The filing reflects changes in his personal holdings and does not describe any broader corporate event or financial results.
Commerce Bancshares executive Charles G. Kim reported acquiring additional company stock. On 02/03/2026, the Exec. Vice President and CFO received 4,831 shares of Commerce Bancshares common stock at a price of $0 per share, likely reflecting an equity award rather than an open‑market purchase.
After this transaction, he directly holds 92,828 shares of common stock and indirectly holds 54,217 shares through a 401(k) plan. The filing reflects an update to his ownership position rather than a change in company operations or strategy.