David W. Kemper Acquires 131 Commerce Bancshares Shares via Executive Compensation Plan

David W. Kemper, Executive Chairman of Commerce Bancshares Inc., acquired 131 shares of common stock on June 23, 2026, through the company's executive compensation plan at a price of $55.2899 per share. Following this transaction, Kemper's direct holdings increased to 1,269,451 shares, while his indirect holdings through various trusts and entities total approximately 456,906 additional shares. The filing discloses Kemper's ownership through multiple entities including the CB Kemper Rev Trust (42,866 shares), EC Kemper Rev Trust (42,487 shares), JW Kemper Rev Trust (51,618 shares), Tower Properties Co (284,092 shares), WL Kemper Irrev Trust (17,932 shares), and WL Kemper Rev Trust (24,911 shares). This Form 4 filing provides transparency into executive stock ownership and compensation-related transactions as required by SEC regulations.