KEMPER JOHN W

PrivateCIK: 1505250
Location

KANSAS CITY, MO

KEMPER JOHN W (President and CEO) sold 2.7% of their position (5.83K shares) of COMMERCE BANCSHARES INC /MO/ on the open market

Open‑market sale worth $353.2K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale
InsiderKEMPER JOHN WCIK 1505250
DirectorOfficer· President and CEO
Since May 2018
-26.39K
Net shares
Net seller
$1.60M
Total sold
1
Open market trades
0B · 1S
9
Total transactions
26.39K acquired · 52.77K disposed
Non-Derivative Transactions7

Common Stock

Direct
M · Option Exercise

Shares

+10.29K

Price / share

$36.44

Trade value

$374.93K

% of position

5.0%
7/29/2026
206.53K216.82K

Common Stock

Direct
M · Option Exercise

Shares

+16.10K

Price / share

$39.90

Trade value

$642.27K

% of position

7.4%
7/29/2026
216.82K232.91K

Common Stock

Direct
F · Tax Withholding

Shares

1.62K

Price / share

$60.68

Trade value

$98.18K

% of position

0.7%
7/29/2026
232.91K231.30K

Common Stock

Direct
F · Tax Withholding

Shares

2.17K

Price / share

$60.63

Trade value

$131.26K

% of position

0.9%
7/29/2026
231.30K229.13K

Common Stock

Direct
D · Disposition

Shares

6.18K

Price / share

$60.68

Trade value

$374.94K

% of position

2.7%
7/29/2026
229.13K222.95K

Common Stock

Direct
D · Disposition

Shares

10.59K

Price / share

$60.63

Trade value

$642.31K

% of position

4.8%
7/29/2026
222.95K212.36K

Common Stock

Direct
S · Sale

Shares

5.83K

Price / share

$60.58

Trade value

$353.19K

% of position

2.7%
7/29/2026
212.36K206.53K
Total

Net shares

+0.00

Net value

-$582.70K

Derivative Transactions2

Stock Appreciation Rights

Direct
M · Option Exercise
Converts to

Common Stock

10.29K shares

Shares

10.29K

Strike price

36.4398

Held after

0.00

Exercisable

7/29/2026

Stock Appreciation Rights

Direct
M · Option Exercise
Converts to

Common Stock

16.10K shares

Shares

16.10K

Strike price

39.8997

Held after

0.00

Exercisable

7/29/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned284.09K
Total
284.09K indirect284.09K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported