Form 4: Great Southern Bancorp CEO Boosts Stake

Sentiment:

Insider Ownership Report


Great Southern Bancorp's President and CEO, Joseph W. Turner, increased his beneficial ownership through a dividend reinvestment plan.

Summary

  • Joseph W. Turner, President/CEO, Director, and 10% Owner of Great Southern Bancorp, Inc. (GSBC), reported changes in his beneficial ownership.
  • On July 15, 2025, Mr. Turner acquired 17 shares of common stock at a price of $61.484 per share through a Dividend Reinvestment Plan (DRIP). This acquisition was voluntarily reported and is exempt from Section 16 reporting.
  • Following this transaction, Mr. Turner directly owns 137,382 shares of common stock.
  • Indirect holdings include 2,478 shares through his spouse, 11,341 shares through a Children's Trust, 18,074 shares through a 401(k) Plan, and 369,738 shares through an LTD Family Partnership.
  • Mr. Turner also holds various stock options, totaling 64,650 shares, with exercise prices ranging from $41.30 to $61.79 and expiration dates extending up to November 20, 2034. These options have staggered vesting schedules.

Sentiment

Score: 6

Explanation: The filing reports a routine insider acquisition via DRIP, which is mildly positive as it shows continued investment by management, but it is not a significant discretionary purchase that would signal strong new confidence or strategic shift.

Positives

  • The acquisition of shares, even a small amount via DRIP, indicates continued investment by a key insider (President/CEO, Director, and 10% Owner), which can be viewed as a sign of confidence in the company's long-term prospects.
  • The voluntary reporting of an exempt transaction demonstrates transparency from the reporting person.

Future Outlook

N/A. This Form 4 filing primarily reports changes in beneficial ownership and does not contain forward-looking statements or guidance.

Industry Context

N/A. This Form 4 filing reports an individual insider's stock ownership changes and does not provide broader industry context or competitive analysis.

Stakeholder Impact

  • Shareholders may view the insider's continued participation in the DRIP as a minor positive signal of management's alignment with shareholder interests.

Next Steps

  • Continued vesting of outstanding stock options according to their respective schedules, with the latest vesting occurring on November 20, 2029.

Key Dates

DateDescription
10/24/2018Earliest vesting date for stock options (1,500 shares of the 10/24/2026 option).
07/15/2025Date of common stock acquisition via Dividend Reinvestment Plan (DRIP).
08/13/2025Date the Form 4 was signed and filed.
11/20/2034Latest expiration date for stock options.

Keywords

Great Southern Bancorp, GSBC, Joseph W. Turner, Insider Ownership, SEC Form 4, Dividend Reinvestment Plan, Stock Options, Banking, Financial Services

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