GSBC.NASDAQGreat Southern Bancorp, INC

Form 4: Director Pitt Boosts GSBC Stake via DRIP, Holds Options

Sentiment:

Insider Ownership Report

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Douglas M. Pitt, a Director at Great Southern Bancorp, Inc., acquired additional common stock through a dividend reinvestment plan and holds various stock options.

Summary

  • Douglas M. Pitt, a Director of Great Southern Bancorp, Inc. (GSBC), acquired 59 shares of common stock on October 14, 2025, through a Dividend Reinvestment Plan (DRIP).
  • The acquisition was made at a price of $59.9887 per share.
  • Following this transaction, Pitt directly beneficially owns 11,481 shares of common stock.
  • Pitt also beneficially owns options to purchase a total of 18,000 shares of common stock.
  • These options have various exercise prices ranging from $41.74 to $61.79 and vesting schedules extending through November 2029, with expiration dates up to November 2035.

Sentiment

Score: 6

Explanation: Slightly positive due to a director increasing their stake through a DRIP, indicating continued confidence in the company, although the transaction size is small and routine.

Positives

  • A Director voluntarily increased their direct ownership in the company through a Dividend Reinvestment Plan, indicating continued confidence.
  • The Director holds a substantial number of stock options, aligning their interests with long-term shareholder value.

Negatives

  • No significant negative information was disclosed in this routine insider ownership report.

Future Outlook

This filing is a statement of beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This routine insider transaction filing for a director of a bank holding company is specific to individual ownership and does not provide broader insights into industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders may view the director's increased ownership as a positive signal of management's alignment with shareholder interests.
  • The impact on employees, customers, suppliers, and creditors is negligible as this filing pertains solely to insider stock ownership.

Next Steps

  • 500 shares of an option to purchase common stock at $57.29 will become exercisable on November 19, 2025.
  • 500 shares of an option to purchase common stock at $41.74 will vest on October 26, 2025.
  • 500 shares of an option to purchase common stock at $53.22 will vest on November 15, 2025.
  • 500 shares of an option to purchase common stock at $61.55 will vest on November 16, 2025.
  • 500 shares of an option to purchase common stock at $57.98 will vest on November 17, 2025.
  • Further vesting of various stock options will occur annually through November 2029.

Key Dates

DateDescription
11/15/2019Vesting date for 500 shares of an option to purchase common stock at $52.2.
11/28/2020Vesting date for 500 shares of an option to purchase common stock at $55.
10/26/2021Vesting date for 500 shares of an option to purchase common stock at $41.74.
11/20/2021Vesting date for 500 shares of an option to purchase common stock at $60.15.
10/26/2022Vesting date for 500 shares of an option to purchase common stock at $41.74.
11/15/2022Vesting date for 500 shares of an option to purchase common stock at $52.2.
11/20/2022Vesting date for 500 shares of an option to purchase common stock at $60.15.
11/28/2022Vesting date for 500 shares of an option to purchase common stock at $55.
10/26/2023Vesting date for 500 shares of an option to purchase common stock at $41.74.
11/17/2023Vesting date for 500 shares of an option to purchase common stock at $57.98.
11/20/2023Vesting date for 500 shares of an option to purchase common stock at $60.15.
11/28/2023Vesting date for 500 shares of an option to purchase common stock at $55.
10/26/2024Vesting date for 500 shares of an option to purchase common stock at $41.74.
11/16/2024Vesting date for 500 shares of an option to purchase common stock at $61.55.
11/17/2024Vesting date for 500 shares of an option to purchase common stock at $57.98.
11/20/2024Vesting date for 500 shares of an option to purchase common stock at $60.15.
10/14/2025Transaction date for the acquisition of 59 common shares via DRIP.
10/26/2025Vesting date for 500 shares of an option to purchase common stock at $41.74.
11/15/2025Vesting date for 500 shares of an option to purchase common stock at $53.22.
11/16/2025Vesting date for 500 shares of an option to purchase common stock at $61.55.
11/17/2025Vesting date for 500 shares of an option to purchase common stock at $57.98.
11/19/2025Date exercisable for 500 shares of an option to purchase common stock at $57.29.
11/20/2025Signature date of the reporting person.
11/15/2026Vesting date for 500 shares of an option to purchase common stock at $53.22.
11/16/2026Vesting date for 500 shares of an option to purchase common stock at $61.55.
11/17/2026Vesting date for 500 shares of an option to purchase common stock at $57.98.
11/20/2026Vesting date for 500 shares of an option to purchase common stock at $61.79.
11/15/2027Vesting date for 500 shares of an option to purchase common stock at $53.22.
11/16/2027Vesting date for 500 shares of an option to purchase common stock at $61.55.
11/19/2027Date exercisable for 500 shares of an option to purchase common stock at $57.29.
11/20/2027Vesting date for 500 shares of an option to purchase common stock at $61.79.
11/15/2028Vesting date for 500 shares of an option to purchase common stock at $53.22.
11/19/2028Date exercisable for 500 shares of an option to purchase common stock at $57.29.
11/20/2028Vesting date for 500 shares of an option to purchase common stock at $61.79.
11/19/2029Date exercisable for 500 shares of an option to purchase common stock at $57.29.
11/20/2029Vesting date for 500 shares of an option to purchase common stock at $61.79.
11/19/2030Date exercisable for 500 shares of an option to purchase common stock at $57.29.
11/19/2035Expiration date for options to purchase common stock at $57.29.

Recommendation

hold

This Form 4 filing reports a routine insider transaction (DRIP acquisition) and existing option holdings. While insider buying is generally a positive signal, the size of the DRIP acquisition is small and does not fundamentally alter the investment thesis for Great Southern Bancorp. The disclosure of existing options is also routine. Therefore, it does not provide new information significant enough to warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

Great Southern Bancorp, GSBC, Douglas M. Pitt, Director, SEC Form 4, Insider Ownership, Stock Options, Dividend Reinvestment Plan, DRIP, Beneficial Ownership

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