Commerce Bancshares grants 44,262 RSUs each to EVP Barth and CFO Kim as part of succession planning

COMMERCE BANCSHARES INC /MO/

Each RSU grant of 44,262 shares vests on a three-year cliff basis, contingent on continued employment.
Grants approved by Compensation Committee on July 1, 2026, for Kevin G. Barth (EVP) and Charles G. Kim (EVP & CFO).
Pro rata vesting occurs on death or disability, but not on retirement before the vesting period ends.
Non-competition covenant applies following any termination of service for any reason.
Awards are part of the company's overall succession planning for named executive officers.

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