Shankar Ram Sells 2,000 Shares of UMB Financial
On August 17, 2026, Shankar Ram, CFO of UMB Financial (UMB Financial Corporation), sold 2,000 shares at a weighted average price of $151.61 per share for a total transaction value of approximately $303,220. The sale reduced his direct ownership in the company by about 6%, though he still holds over 30,000 shares directly and an additional 1,702 indirectly through retirement plans. UMB Financial's stock closed at $151.95 on the day of the transaction, with a market capitalization of around $10.9 billion. The company reported strong second-quarter earnings in July 2026, including a significant increase in net income and net interest income compared to the previous year. The sale appears to be part of Ram's strategy to lock in gains as UMB Financial has outperformed broader market indices this year.
Topics: insider trading sec form 4 UMB Financial