Commerce Bancshares grants special RSUs to two executives for succession planning
On July 1, 2026, Commerce Bancshares' compensation committee approved two special restricted stock unit grants to Kevin G. Barth and Charles G. Kim, Executive Vice President and CFO, tied to overall succession planning. The grants are not a leadership change, and the filing does not state any change in either officer's role.
Key points
- Each officer received an RSU grant for 44,262 shares of common stock, subject to adjustment under the RSU agreements.
- Vesting is on a three-year cliff basis, contingent on continued employment.
- The award terms differ from the standard 2026 RSU agreement on pro rata vesting at retirement and the non-competition covenant.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 July 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.