Paula S. Petersen - 11 Feb 2026 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role
Senior Vice President
Signature
/s/ Paul A. Steiner for Paula S. Petersen
Issuer symbol
CBSH
Transactions as of
11 Feb 2026
Net transactions value
-$16,403
Form type
4
Filing time
13 Feb 2026, 16:23:26 UTC
Previous filing
05 Feb 2026
Next filing
11 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Petersen Paula S Senior Vice President 1000 WALNUT ST., KANSAS CITY /s/ Paul A. Steiner for Paula S. Petersen 13 Feb 2026 0001678319

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSH Common Stock Options Exercise $52,755 +1,957 +4.5% $26.96 45,249 11 Feb 2026 Direct
transaction CBSH Common Stock Tax liability $16,385 -299 -0.66% $54.80 44,950 11 Feb 2026 Direct
transaction CBSH Common Stock Disposed to Issuer $52,772 -963 -2.1% $54.80 43,987 11 Feb 2026 Direct
holding CBSH Common Stock 4,932 11 Feb 2026 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CBSH Stock Appreciation Rights Options Exercise $0 -1,957 -100% $0.000000 0 11 Feb 2026 Common Stock 1,957 $26.96 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock appreciation right vests in four equal annual installments beginning on March 1, 2017.