Form 4: Great Southern Bancorp CEO Joseph W. Turner Reports Stock Acquisition

Joseph W. Turner, President/CEO of Great Southern Bancorp, reports acquiring shares of common stock through a dividend reinvestment program and adjustments to holdings in the company's 401(k) plan.

Summary

• Joseph W. Turner, the President/CEO of Great Southern Bancorp, filed a Form 4 on August 19, 2024, reporting changes in beneficial ownership of the company's stock.
• On July 16, 2024, Turner acquired 17 shares of common stock through a dividend reinvestment program (DRIP) at a price of $59.937 per share.
• The report also reflects Turner's holdings of 11,268 shares held by his spouse, 2,478 shares held in a children's trust, 17,207 shares, and 369,738 shares held through the company's 401(k) plan and LTD Family Partnership respectively.
• Turner directly owns 137,382 shares of Great Southern Bancorp common stock.
• The report details Turner's ownership of options to purchase a total of 62,850 shares of common stock at prices ranging from $41.3 to $61.55, with various vesting schedules extending to November 15, 2033.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by an insider. The DRIP acquisition is a slightly positive signal.

Positives

• The acquisition of shares through the DRIP indicates Turner's continued investment in the company.
• The vesting schedules of the options suggest a long-term commitment to the company's success.

Industry Context

Form 4 filings are standard practice for corporate insiders and provide transparency regarding their transactions in the company's stock. This filing indicates the CEO's continued investment in the company.

Stakeholder Impact

• The reported transactions provide shareholders with insights into the CEO's investment activities in the company.

Key Dates