secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000022356-23-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares approves 2023 executive compensation; CEO salary $1.04M, bonus $1.64M
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- CEO John Kemper: base salary $1,041,591, bonus $1,642,509; 31,274 RSUs and 29,184 SARs.
- CFO Charles Kim: salary $565,215, bonus $579,346; 7,486 RSUs, no SARs.
- EVP Kevin Barth: salary $565,215, bonus $579,346; 7,486 RSUs; EVP Robert Holmes: salary $500,000, bonus $463,797; 5,264 RSUs.
- Executive Chairman David Kemper: salary $400,000, bonus $328,000; 3,785 RSUs.
- Compensation effective April 1, 2023; approved by Compensation Committee on Feb 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000002235623000004/0000022356-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000002235623000004/cbsh-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000022356-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer