AI brief of an SEC Form 8-K · Commerce Bancshares (CBSH)

Commerce Bancshares Sets CEO Kemper's 2026 Salary and 2025 Bonus, Changes Equity Awards

Neutral Impact 2 of 5 shareholder Written later

Commerce Bancshares' compensation committee approved 2026 base salaries, 2025 performance bonuses, and a new design for 2026 long-term equity awards for its CEO and other named executive officers. The filing shows CEO John W. Kemper's 2026 salary at $1,050,000 and his 2025 performance-based bonus at $2,313,108, with the 2026 equity mix now split between time-vested and performance-vested restricted stock units.

Key points

  • CEO John W. Kemper: 2026 salary of $1,050,000 and 2025 performance-based bonus of $2,313,108, effective March 28, 2026 for the salary
  • Long-term awards split one-third time-vested RSUs (33.3%) and two-thirds performance-vested RSUs (66.6%)
  • Performance-vested RSUs can pay out 0% to 200% of target, adjusted up or down by 20% based on three-year relative total shareholder return
  • Kemper's 2026 performance-vested RSU grant is 36,076 units, with 18,038 time-vested units

The filing

CompanyCommerce Bancshares (CBSH)
Form8-K, current report
Filed with the SECFeb 9, 2026, 1:28 PM ET
Accession number0000022356-26-000058

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 09, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.