CEO J. Mariner Kemper Reduces Stake Below 5% in UMB Financial

summarizeSummary

UMB Financial's Chairman and CEO, J. Mariner Kemper, has reported a reduction in his beneficial ownership to below 5% of the company's common stock, primarily due to a forward settlement transaction from March 2025.

check_boxKey Events

• Beneficial Ownership Reduced

  J. Mariner Kemper's beneficial ownership in UMB Financial Corp. has fallen to 4.81% of outstanding shares as of March 2, 2026.

• Exit from 5% Threshold

  This filing confirms that the CEO ceased to be a beneficial owner of more than 5% as of March 14, 2025, following a significant disposition of shares.

• Forward Settlement Impact

  The reduction is primarily attributed to the physical settlement of a forward sale agreement involving 3.22 million shares on March 14, 2025.

• Recent Insider Sales

  The filing also details recent sales by J. Mariner Kemper and affiliated trusts, including a direct sale of 3,500 shares by the CEO on February 2, 2026, for $451,710.

auto_awesomeAnalysis

This Schedule 13D/A filing indicates that J. Mariner Kemper, UMB Financial's Chairman and CEO, is no longer a beneficial owner of more than 5% of the company's common stock. This change stems from a "Forward Settlement" on March 14, 2025, involving 3.22 million shares, which was part of a registered public offering initiated in April 2024. While the underlying transaction occurred a year ago, this amendment formally confirms the CEO's reduced stake below the 5% threshold, which is a material disclosure for investors. The reduction in a key executive's reported ownership could be interpreted negatively, signaling a decrease in direct exposure to the company's equity.