[Form 4] UMB FINANCIAL CORP Insider Trading Activity

Rhea-AI Filing Summary

UMB Financial Corp (UMBF) Chief Financial Officer Shankar Ram reported a small, routine sale of company stock. On 09/12/2025 Mr. Ram disposed of 500 shares of UMBF common stock in a transaction coded G (normally indicating a transaction under Rule 16b-3, such as a Form 4 reporting of a transaction in a company-sponsored plan). After the sale he beneficially owned 31,177.1405 shares directly and held additional indirect holdings of 1,437.179 shares via a 401(k) and 87.093 shares via an ESOP. The Form 4 is signed by an attorney-in-fact and provides standard Section 16 disclosure of the change in beneficial ownership.

Positive

• Timely Section 16 disclosure of the insider sale promotes regulatory transparency
• Transaction coded G suggests the sale was plan-related or exempt under Rule 16b-3, indicating routine activity

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: A routine, small insider sale was disclosed by the CFO; disclosure meets Section 16 requirements and appears non-material.

The filing documents a 500-share disposal by the Chief Financial Officer on 09/12/2025. The transaction code reported is G, which typically relates to transactions exempt under Rule 16b-3 or similar plan-related transfers. The remaining direct beneficial ownership of 31,177.1405 shares suggests the sale is modest relative to total holdings and unlikely to indicate a material change in insider alignment with shareholders. The Form 4 is executed via attorney-in-fact and contains the required information for timely Section 16 disclosure.

Corporate Governance Specialist

TL;DR: Disclosure is proper and timely; the small size and plan-related code point to routine portfolio management, not a material governance event.

The reported use of code G and the presence of indirect holdings through a 401(k) and ESOP are consistent with ordinary course transactions tied to benefit plans. No derivative or option activity is reported. Given the modest number of shares sold relative to the CFO's total reported holdings, this filing should be treated as routine compliance rather than a signal of strategic change or governance concern.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Shankar Ram

(Last) (First) (Middle)

1010 GRAND BLVD.

(Street)

KANSAS CITY MO 64106

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UMB FINANCIAL CORP [ UMBF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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	09/12/2025		G		500	D	$0	31,177.1405	D
Common Stock								1,437.179	I	By 401K
Common Stock								87.093	I	By ESOP

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:

	/s/ Megan L. Mercer, attorney-in-fact for Mr. Shankar	09/15/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did UMBF CFO Shankar Ram report on Form 4?

The Form 4 reports a disposition of 500 shares of UMB Financial Corp common stock on 09/12/2025.

How many UMBF shares does the reporting person own after the transaction?

After the reported transaction the reporting person directly beneficially owned 31,177.1405 shares and indirectly held 1,437.179 shares via a 401(k) and 87.093 shares via an ESOP.

What does transaction code G mean on the Form 4 for UMBF?

The filing lists code G, which is typically used for transactions exempt under Rule 16b-3 or plan-related transfers; the form itself does not expand beyond the code.

Were any derivative securities reported for UMBF in this filing?

No derivative securities or options were reported in Table II of this Form 4.

Who signed the Form 4 for Shankar Ram?

The Form 4 is signed by Megan L. Mercer, attorney-in-fact, dated 09/15/2025.