Commerce Bancshares Inc. has approved new 2026 base salaries and cash bonuses for its CEO and other named executive officers, effective March 28, 2026. CEO John W. Kemper will receive a $1,050,000 performance-based bonus and long-term equity awards valued at $2,313,108, split between 36,076 performance-vested restricted stock units (RSUs) and 18,038 time-vested RSUs. Other executives, including Executive Vice President & CFO Charles G. Kim, will receive base salaries ranging from $547,690 to $619,126, bonuses up to $802,483, and varying numbers of RSUs. The long-term incentive awards are split with one-third as time-vested RSUs and two-thirds as performance-vested RSUs. Unvested RSUs are generally forfeited upon termination, with exceptions for death, disability, retirement, or change in control.

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