[Form 4] UMB Financial Corporation Insider Trading Activity

Rhea-AI Filing Summary

NVIDIA Corp. (NVDA) CEO and co-founder Jensen Huang has filed a Form 144 indicating his intent to sell 75,000 common shares through Charles Schwab on or after 5 Aug 2025. The shares, acquired via option exercise on 15 Sep 2023, have an aggregate market value of ≈ $13.37 million.

The filing also discloses 31 insider sales between 20 Jun – 4 Aug 2025 totaling roughly 2.25 million shares, with reported gross proceeds for each trade. NVIDIA lists 24.4 billion shares outstanding (post-split). While Form 144 is only a notice, the pattern signals continued insider supply.

Investors often view sustained CEO selling as a potential sentiment or supply headwind, though it may be part of a pre-arranged 10b5-1 plan. No operational or earnings data are provided in this document.

Positive

• Regulatory compliance: CEO Huang filed timely Form 144, signalling transparent adherence to Rule 144 requirements.

Negative

• Continued insider selling: CEO has sold about 2.25 million shares in the past 3 months and plans to sell another 75,000, which may weigh on investor sentiment.

Insights

Securities Analyst

TL;DR: CEO plans another 75k-share sale; 2.25 m already sold—possible sentiment headwind.

Huang’s new 75 k-share notice adds to a disclosed 2.25 m-share selling streak over the past six weeks. Although the amount is small versus 24.4 bn shares post-split, insider sales by a founder-CEO often attract attention and can pressure short-term sentiment. The disclosure is routine Rule 144 compliance rather than a firm commitment to sell, but investors should weigh cumulative selling against their thesis.

Corporate Governance Expert

TL;DR: Filing shows transparency; sales likely under 10b5-1—neutral governance impact.

The timely Form 144 demonstrates adherence to SEC rules and suggests trades may occur under a pre-set 10b5-1 plan, limiting potential concerns over material non-public information. From a governance standpoint the disclosure is standard; impact hinges on market perception rather than compliance issues.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRAVES GREG M

(Last) (First) (Middle)

5085 W 177TH TER

(Street)

STILWELL KS 66085

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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	08/01/2025		P		261.4334	A	$107.58	37,800.1557(1)	D

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:

1. Includes shares acquired through participation in the UMB Financial Corporation dividend reinvestment plan.

	/s/ Jason Bartel, attorney-in-fact for Mr. Graves	08/05/2025
	** 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

How many NVDA shares does CEO Jensen Huang plan to sell?

The Form 144 covers 75,000 common shares.

What is the estimated value of the planned NVDA share sale?

The filing lists an aggregate market value of roughly $13.37 million for the 75,000 shares.

When could the NVDA shares be sold?

The approximate sale date disclosed is 05 August 2025.

How many NVDA shares has the CEO sold in the last three months?

The document itemizes about 2.25 million shares sold between 20 Jun and 04 Aug 2025.

Does Form 144 guarantee that the NVDA shares will be sold?

No. Form 144 is a notice of proposed sale; the transaction may or may not occur.