$1M of CBSH sold by Seth Leadbeater on 11/23/2012

Leadbeater Seth M sold 26,590 shares of Commerce Bancshares Inc /mo/ stock, or $1,028,227 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 23, 2012.

After the transaction, Leadbeater Seth M's stake was reported as 80,257 shares of Commerce Bancshares Inc /mo/ stock. In addition, Leadbeater Seth M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on November 26, 2012, Leadbeater Seth M's sale was done directly over 1 transaction on November 23, 2012. The share price for the transaction was $38.67 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Leadbeater Seth M has sold a total of 26,590 shares of Commerce Bancshares Inc /mo/, proceeds from the sale totaled $1,028,227. Over the same time period, Leadbeater Seth M has purchased no shares of Commerce Bancshares Inc /mo/ stock. Leadbeater Seth M has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Commerce Bancshares Inc /mo/ over the past 12 months. A total of 533,065 shares of Commerce Bancshares Inc /mo/ stock was sold by insiders, totaling $20,295,472. Over the same time 12 month time period, 5,156 shares of Commerce Bancshares Inc /mo/, for a total value of $199,847 were purchased by company insiders.

To view the complete SEC Filing: Commerce Bancshares Inc /mo/ Form 4 (Insider Trading) SEC Filing