Form 4 Filing for COMMERCE BANCSHARES INC /MO/

Charles G. Kim, Exec. Vice President and CFO of COMMERCE BANCSHARES INC /MO/, reported several transactions on July 27, 2026. Kim acquired 9,662 shares of Common Stock at $36.4398 per share. Subsequently, Kim disposed of shares through various transactions: 1,646 shares at $59.43, 5,925 shares at $59.43, and 19,771 shares at prices ranging from $59.045 to $59.375. Additionally, Kim disposed of 9,662 Stock Appreciation Rights with an exercise price of $36.4398, which were granted on January 31, 2018, and vest in four equal annual installments. Following these transactions, Kim directly owns 119,410 shares of Common Stock and indirectly owns 55,711 shares through a 401(k) plan. The filing was signed by Steven A. Brandjord on behalf of Charles G. Kim on July 29, 2026.