Form 4: Director Sells GSBC Shares
Insider Trading Report
Great Southern Bancorp Director Thomas J. Carlson sold 680 shares of common stock for $63.17 per share.
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
| Date | Description |
|---|---|
| 11/15/2019 | Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1). |
| 11/15/2020 | Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1). |
| 11/28/2020 | Vesting date for 500 shares of option to purchase common stock at $55 (Option 2). |
| 11/15/2021 | Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1). |
| 11/20/2021 | Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3). |
| 10/26/2022 | Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4). |
| 11/15/2022 | Vesting date for 500 shares of option to purchase common stock at $52.2 (Option 1). |
| 11/20/2022 | Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3). |
| 11/28/2022 | Vesting date for 500 shares of option to purchase common stock at $55 (Option 2). |
| 10/26/2023 | Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4). |
| 11/17/2023 | Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5). |
| 11/20/2023 | Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3). |
| 11/28/2023 | Vesting date for 500 shares of option to purchase common stock at $55 (Option 2). |
| 10/26/2024 | Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4). |
| 11/16/2024 | Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6). |
| 11/17/2024 | Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5). |
| 11/20/2024 | Vesting date for 500 shares of option to purchase common stock at $60.15 (Option 3). |
| 10/26/2025 | Vesting date for 500 shares of option to purchase common stock at $41.74 (Option 4). |
| 11/15/2025 | Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7). |
| 11/16/2025 | Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6). |
| 11/17/2025 | Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5). |
| 02/03/2026 | Date of common stock sale transaction by Director Thomas J. Carlson. |
| 02/04/2026 | Date the Form 4 was signed by Power of Attorney. |
| 11/15/2026 | Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7). |
| 11/16/2026 | Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6). |
| 11/17/2026 | Vesting date for 500 shares of option to purchase common stock at $57.98 (Option 5). |
| 11/20/2026 | Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8). |
| 11/15/2027 | Vesting 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). |
| 11/16/2027 | Vesting date for 500 shares of option to purchase common stock at $61.55 (Option 6). |
| 11/19/2027 | Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9). |
| 11/20/2027 | Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8). |
| 11/15/2028 | Vesting date for 500 shares of option to purchase common stock at $53.22 (Option 7). |
| 11/19/2028 | Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9). |
| 11/20/2028 | Vesting date for 500 shares of option to purchase common stock at $61.79 (Option 8). |
| 11/28/2028 | Expiration date for option to purchase 2,000 shares of common stock at $55 (Option 2). |
| 11/19/2029 | Vesting date for 500 shares of option to purchase common stock at $57.29 (Option 9). |
| 11/20/2029 | Vesting 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). |
| 10/26/2030 | Vesting 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). |
| 11/17/2031 | Expiration date for option to purchase 2,000 shares of common stock at $57.98 (Option 5). |
| 11/16/2032 | Expiration date for option to purchase 2,000 shares of common stock at $61.55 (Option 6). |
| 11/15/2033 | Expiration date for option to purchase 2,000 shares of common stock at $53.22 (Option 7). |
| 11/20/2034 | Expiration date for option to purchase 2,000 shares of common stock at $61.79 (Option 8). |
| 11/19/2035 | Expiration date for option to purchase 2,000 shares of common stock at $57.29 (Option 9). |
Recommendation
holdWhile 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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