UMB Financial president sells 8,246 company shares
UMB Financial Corp President James D. Rine reported open-market sales of company common stock.
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Form Type
4
Rhea-AI Filing Summary
UMB Financial Corp President James D. Rine reported open-market sales of company common stock. He sold 7,172 shares at a weighted average price of $132.49 and 1,074 shares at a weighted average price of $133.22, totaling 8,246 shares.
After these transactions, he holds 61,446.1751 shares directly and 1,487.7540 shares indirectly through an ESOP. Footnotes note that the reported prices are weighted averages for multiple trades in ranges from $132.00 to $132.99 and from $133.00 to $133.22.
Insider Trade Summary
Net Seller: 8,246 shares
Net Sell
3 txns
Insider
Rine James D
Role
President
Sold
8,246 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,172 | $132.49 | $950K |
| Sale | Common Stock | 1,074 | $133.22 | $143K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 61,446.1751 shares (Direct);
Common Stock — 1,487.754 shares (Indirect, By ESOP)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.00 to $132.99, inclusive.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.00 to $133.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
Key Figures
Total shares sold: 8,246 shares
First sale block: 7,172 shares at $132.49
Second sale block: 1,074 shares at $133.22
+4 more
7 metrics
Total shares sold
8,246 shares
Common stock sold in open-market transactions
First sale block
7,172 shares at $132.49
Weighted average sale price for larger block
Second sale block
1,074 shares at $133.22
Weighted average sale price for smaller block
Direct holdings after sales
61,446.1751 shares
Direct UMB Financial common stock owned post-transaction
Indirect ESOP holdings
1,487.7540 shares
Common stock held indirectly through ESOP
Price range first block
$132.00–$132.99
Footnote price range for weighted average of first sale
Price range second block
$133.00–$133.22
Footnote price range for weighted average of second sale
Key Terms
open-market sale, weighted average price, ESOP, Form 4
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ESOP financial
"Indirect ownership of common stock is reported as By ESOP."
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Form 4 regulatory
"footnotes refer to information set forth in footnotes (1) and (2) to this 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UMBF President James D. Rine report?
James D. Rine reported selling UMB Financial common stock in open-market transactions. He sold a total of 8,246 shares on the same day, split between two trades, with prices reported as weighted averages across multiple executions within narrow price ranges.
Were the UMBF insider sales by James D. Rine open-market transactions?
Yes, the Form 4 classifies both insider sales by James D. Rine as open-market or private transaction sales. The filing uses transaction code “S,” which denotes sales executed in the open market or similar private transactions under SEC reporting rules.
What does the weighted average price mean in the UMBF Form 4 filing?
Weighted average price means the reported price combines multiple trade executions into a single average. For UMBF, shares were sold in several trades within specific ranges, and the average of those trades is shown instead of listing each individual execution price.
Does the UMBF Form 4 show any derivative exercises or options for James D. Rine?
No, the Form 4 data provided shows only non-derivative common stock transactions and one holding entry. The derivative summary section is empty, indicating no option or other derivative exercises were reported in this particular filing for James D. Rine.
AI-generated analysis. How Rhea-AI works. Not financial advice.
