Key facts
- This page summarizes David L. Orf's Form 4 filing for COMMERCE BANCSHARES INC /MO/ (CBSH).
- 7 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 18 Aug 2026, 14:43.
David L. Orf - 14 Aug 2026 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)
- Reporting relationship
- Exec. Vice President & CCO
- Issuer ticker
- CBSH
- Reported as of
- 14 Aug 2026
- Net transaction value
- -$38,745
- SEC form
- 4
- Accepted by SEC
- 18 Aug 2026, 14:43:36 UTC
- Prior SEC filing
- 05 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Steven A. Brandjord for David L. Orf
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
David L. Orf filed Form 4 for COMMERCE BANCSHARES INC /MO/ (CBSH) on 18 Aug 2026.
Change
- Previous filing in this sequence was filed on 05 Feb 2026.
- Current net transaction value: -$38,745.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001838452
Primary reporting owner
Orf David L
- Relationship
- Exec. Vice President & CCO
- Address
- 1000 WALNUT ST., KANSAS CITY
- Signature
- /s/ Steven A. Brandjord for David L. Orf
- Signature date
- 18 Aug 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CBSH
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,194
- Change %
- +4.8%
- Price
- $37.91*
- Shares after
- 26,156
- Date
- 14 Aug 2026
- Ownership
- Direct
CBSH
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,353
- Change %
- +5.2%
- Price
- $39.14*
- Shares after
- 27,509
- Date
- 14 Aug 2026
- Ownership
- Direct
CBSH
transaction
Common Stock
Tax liability
- Transaction value
- Shares
- -275
- Change %
- -1%
- Price
- $60.31*
- Shares after
- 27,234
- Date
- 14 Aug 2026
- Ownership
- Direct
CBSH
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -1,630
- Change %
- -6%
- Price
- $60.31*
- Shares after
- 25,604
- Date
- 14 Aug 2026
- Ownership
- Direct
CBSH
transaction
Common Stock
Sale
- Transaction value
- $38,745
- Shares
- -642
- Change %
- -2.5%
- Price
- $60.35
- Shares after
- 24,962
- Date
- 14 Aug 2026
- Ownership
- Direct
CBSH
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 24,982
- Date
- 14 Aug 2026
- Ownership
- 401(K)
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CBSH
transaction
Derivative
Stock Appreciation Rights
Options Exercise
- Transaction value
- Shares
- -1,194
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 Aug 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,194
- Exercise price
- $37.91
- Footnotes
- F1
CBSH
transaction
Derivative
Stock Appreciation Rights
Options Exercise
- Transaction value
- Shares
- -1,353
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 Aug 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,353
- Exercise price
- $39.14
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The stock appreciation right vests in four equal annual installments beginning March 2, 2018.
Footnote F2
The stock appreciation right vests in four equal annual installments beginning March 1, 2019.