secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000022356-23-000034
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve 6M-share equity plan, authorize 140M to 190M share increase
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- Shareholders approved amended Equity Incentive Plan; 6,000,000 shares authorized, term extended to April 19, 2033.
- Articles of Incorporation amended to increase authorized common stock from 140,000,000 to 190,000,000 shares.
- Four director nominees elected with overwhelming votes: Brauer, Chapman, Daniel, Kemper (Class of 2026).
- Advisory 'Say on Pay' passed with 83.5M votes for; one-year frequency of future votes recommended.
- Ratification of KPMG as independent auditor for 2023 approved with 106.6M votes for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000002235623000034/0000022356-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000002235623000034/cbsh-20230419.htm
  HTML page:      https://secwatch.observer/filing/0000022356-23-000034

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