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sellWeak cluster of 3

David L Orf sold $39k of CBSH

Exec. Vice President & CCO at COMMERCE BANCSHARES INC /MO/. 642 shares at an average of $60.35, traded Aug 14, 2026, filed Aug 18, 2026.

Warning score
21
Value
$39k
642 shares
Holdings after
24,962
-3% from before
From 52-week low
+28%
low $47.02, close $59.99
From 52-week high
-0%
high $60.05, as of Aug 14, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $39k at market
    +6
  • Share of holdings sold
    Sold 2.5% of holdings
    0
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CBSHOct 9, 2026 · close 54.39
Since filing Aug 18, 2026: -8.2%SPY +1.6% · excess -9.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000022356-26-000197, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 14, 2026MOption exercise
Common Stock
+1,194$37.91$45k26,156Aug 18, 2026
Aug 14, 2026MOption exercise
Common Stock
+1,353$39.14$53k27,509Aug 18, 2026
Aug 14, 2026FTax withholding
Common Stock
-275$60.31$17k27,234Aug 18, 2026
Aug 14, 2026DDisposition to issuer
Common Stock
-1,630$60.31$98k25,604Aug 18, 2026
Aug 14, 2026SOpen-market sale
Common Stock
-642$60.35$39k24,962Aug 18, 2026
Aug 14, 2026MOption exercise
Stock Appreciation Rightsderivative
-1,194$0.00$00Aug 18, 2026
Aug 14, 2026MOption exercise
Stock Appreciation Rightsderivative
-1,353$0.00$00Aug 18, 2026

Related signals

Other insiders at COMMERCE BANCSHARES INC /MO/ and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
14Weak
CBSHsell 2
COMMERCE BANCSHARES INC /MO/
Douglas D Neff
Senior Vice President
$39k
666 shares
-5%
22Weak
CBSHsell 6
COMMERCE BANCSHARES INC /MO/
David L. Roller
Senior Vice President
$50k
830 shares
-3%
44Moderate
CBSHsell 5
COMMERCE BANCSHARES INC /MO/
Robert S Holmes
Executive Vice President
$301k
5,000 shares
-8%
40Moderate
CBSHsell 5
COMMERCE BANCSHARES INC /MO/
John W Kemper
President and CEO
$353k
5,830 shares
-3%
37Weak
CBSHsell 5
COMMERCE BANCSHARES INC /MO/
Derrick Brooks
Senior Vice President
$62k
1,041 shares
-7%
52Moderate
CBSHsell 5
COMMERCE BANCSHARES INC /MO/
Charles G Kim
Exec. Vice President and CFO
$1.2M
19,771 shares
-14%
15Weak
CBSHsell
COMMERCE BANCSHARES INC /MO/
June McAllister Fowler
director
$11k
200 shares
-3%
49Moderate
CBSHbuy
COMMERCE BANCSHARES INC /MO/
Timothy S Dunn
director
$119k
2,500 shares
+86%
34Weak
CBSHsell 2
COMMERCE BANCSHARES INC /MO/
Margaret M Rowe
Senior Vice President
$45k
861 shares
-13%
30Weak
CBSHsell 2
COMMERCE BANCSHARES INC /MO/
Kim L Jakovich
Senior Vice President
$49k
949 shares
-7%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David L Orf sold $39k of CBSH | InsiderTell