Form 4: Director Sells GSBC Shares

Sentiment:

Insider Trading Report


Great Southern Bancorp Director Thomas J. Carlson sold 680 shares of common stock for $63.17 per share.

Worse than expectedA director selling shares can be interpreted as a negative signal regarding the company's future performance or valuation, potentially indicating a belief that the stock price may not appreciate significantly in the near term.

Summary

  • Director Thomas J. Carlson sold 680 shares of Great Southern Bancorp, Inc. common stock.
  • The sale occurred on February 3, 2026, at a price of $63.17 per share, totaling approximately $42,955.60.
  • Following the transaction, Carlson directly owns 100 shares of common stock.
  • Carlson also indirectly owns 17,206 shares of common stock through his spouse.
  • Carlson holds options to purchase a total of 18,000 shares of common stock, with various exercise prices ranging from $41.74 to $61.79 and expiration dates extending from November 2027 to November 2035.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative signal due to a director reducing their direct equity stake, which can sometimes be interpreted as a lack of strong conviction in the immediate future performance of the company. However, the director retains significant indirect holdings and substantial options.

Negatives

  • A director selling shares may be interpreted by the market as a lack of confidence in the company's near-term prospects or valuation.
  • The sale reduces the director's direct equity stake in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider selling, particularly by a director, can sometimes be viewed cautiously by the market, as it may signal a perception of limited upside or a need for liquidity. In the banking sector, such transactions are often scrutinized for any underlying implications regarding the company's financial health or future growth prospects, though a single transaction may not indicate a broader trend.

Related Party Transactions

  • Thomas J. Carlson's spouse indirectly owns 17,206 shares of common stock, representing a related party holding.

Stakeholder Impact

  • Shareholders may interpret the director's sale as a signal about the company's future prospects, potentially influencing their investment decisions.
  • The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/15/2019Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1).
11/15/2020Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1).
11/28/2020Vesting date for 500 shares of option to purchase common stock at $55 (Option 2).
11/15/2021Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1).
11/20/2021Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3).
10/26/2022Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4).
11/15/2022Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1).
11/20/2022Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3).
11/28/2022Vesting date for 500 shares of option to purchase common stock at $55 (Option 2).
10/26/2023Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4).
11/17/2023Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5).
11/20/2023Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3).
11/28/2023Vesting date for 500 shares of option to purchase common stock at $55 (Option 2).
10/26/2024Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4).
11/16/2024Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6).
11/17/2024Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5).
11/20/2024Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3).
10/26/2025Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4).
11/15/2025Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7).
11/16/2025Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6).
11/17/2025Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5).
02/03/2026Date of common stock sale transaction by Director Thomas J. Carlson.
02/04/2026Date the Form 4 was signed by Power of Attorney.
11/15/2026Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7).
11/16/2026Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6).
11/17/2026Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5).
11/20/2026Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8).
11/15/2027Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7) and expiration date for option to purchase 2,000 shares of common stock at $52.2 (Option 1).
11/16/2027Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6).
11/19/2027Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9).
11/20/2027Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8).
11/15/2028Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7).
11/19/2028Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9).
11/20/2028Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8).
11/28/2028Expiration date for option to purchase 2,000 shares of common stock at $55 (Option 2).
11/19/2029Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9).
11/20/2029Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8) and expiration date for option to purchase 2,000 shares of common stock at $60.15 (Option 3).
10/26/2030Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9) and expiration date for option to purchase 2,000 shares of common stock at $41.74 (Option 4).
11/17/2031Expiration date for option to purchase 2,000 shares of common stock at $57.98 (Option 5).
11/16/2032Expiration date for option to purchase 2,000 shares of common stock at $61.55 (Option 6).
11/15/2033Expiration date for option to purchase 2,000 shares of common stock at $53.22 (Option 7).
11/20/2034Expiration date for option to purchase 2,000 shares of common stock at $61.79 (Option 8).
11/19/2035Expiration date for option to purchase 2,000 shares of common stock at $57.29 (Option 9).

Recommendation

hold

While a director's sale of shares can be a negative signal, this single transaction of 680 shares, especially when the director still holds significant indirect shares and substantial options, may not warrant an immediate 'sell' recommendation. It could be for personal liquidity reasons. Investors should 'hold' and monitor future insider activity and company performance for a clearer trend.

Keywords

Great Southern Bancorp, GSBC, Insider Selling, Form 4, Director Stock Sale, Thomas J. Carlson, Beneficial Ownership, Equity Transaction, Bank Stock

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