10% owner Unified Shares LLC sold 1,791,017 shares (60.5% of holdings) in CBK at $23.16 on 2025-10-03 for $41.5M total value.
Unified Shares LLC, holding 10% of Commercial Bancorp, Inc., divested 1,791,017 shares (60.5% of pre-transaction holdings) on 2025-10-03, reducing its stake from 2,958,837 shares to 1,167,820 shares. The transaction occurred at $23.16 per share, generating $41,479,953.72 in proceeds. This represents a substantial reduction in the major shareholder's ownership concentration, with the seller retaining 1.17M shares post-trade. The stock is currently quoted at $24.70 as of 2025-10-07 (4 trading days post-transaction), trading 6.6% above the execution price, though 52-week context is not yet meaningful for a recent listing. The magnitude and composition of this sale—a 10% owner offloading more than half its stake in absolute terms—warrants investor attention as a shift in the insider's capital allocation and stake commitment.