Form 4: Great Southern Bancorp CEO Joseph W. Turner Reports Stock Acquisition and Option Holdings
SEC Form 4 Filing
Joseph W. Turner, President/CEO of Great Southern Bancorp, reports acquiring shares through a dividend reinvestment program and discloses holdings of common stock and stock options.
Summary
- Joseph W. Turner, the President/CEO of Great Southern Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- On January 14, 2025, Turner acquired 18 shares of common stock at a price of $58.355 per share through a dividend reinvestment program (DRIP).
- Turner directly owns 137,382 shares of common stock.
- Turner indirectly owns 2,478 shares through his spouse, 11,304 shares through a children's trust, 17,555 shares through a 401(k) plan, and 369,738 shares through an LTD Family Partnership.
- Turner also holds options to purchase a total of 64,650 shares of common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock ownership and option holdings. The DRIP acquisition is a slightly positive sign, but overall, the filing doesn't strongly indicate positive or negative sentiment.
Positives
- The acquisition of shares through the DRIP indicates Turner's continued investment in the company.
- The disclosure provides transparency regarding the executive's holdings in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- Shareholders gain insight into the holdings of a key executive.
- Employees may be interested in the executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 10/24/2018 | Vesting date for 1,500 option shares. |
| 11/15/2019 | Vesting date for 1,500 option shares. |
| 10/24/2019 | Vesting date for 1,500 option shares. |
| 11/28/2020 | Vesting date for 1,750 option shares. |
| 10/24/2020 | Vesting date for 1,500 option shares. |
| 11/15/2020 | Vesting date for 1,500 option shares. |
| 11/20/2021 | Vesting date for 1,750 option shares. |
| 10/24/2021 | Vesting date for 1,500 option shares. |
| 11/28/2021 | Vesting date for 1,750 option shares. |
| 11/15/2021 | Vesting date for 1,500 option shares. |
| 10/26/2022 | Vesting date for 1,875 option shares. |
| 11/20/2022 | Vesting date for 1,750 option shares. |
| 11/28/2022 | Vesting date for 1,750 option shares. |
| 11/15/2022 | Vesting date for 1,500 option shares. |
| 10/26/2023 | Vesting date for 1,875 option shares. |
| 11/17/2023 | Vesting date for 1,938 option shares. |
| 11/20/2023 | Vesting date for 1,750 option shares. |
| 11/28/2023 | Vesting date for 1,750 option shares. |
| 10/26/2024 | Vesting date for 1,875 option shares. |
| 11/16/2024 | Vesting date for 1,950 option shares. |
| 11/17/2024 | Vesting date for 1,938 option shares. |
| 11/20/2024 | Vesting date for 1,750 option shares. |
| 01/14/2025 | Date of DRIP transaction. |
| 03/04/2025 | Date of Form 4 filing. |
| 10/26/2025 | Vesting date for 1,875 option shares. |
| 11/15/2025 | Vesting date for 1,950 option shares. |
| 11/16/2025 | Vesting date for 1,950 option shares. |
| 11/17/2025 | Vesting date for 1,937 option shares. |
| 11/20/2026 | Vesting date for 1,950 option shares. |
| 10/24/2026 | Expiration date for options to purchase 6,000 shares. |
| 11/15/2026 | Vesting date for 1,950 option shares. |
| 11/16/2026 | Vesting date for 1,950 option shares. |
| 11/17/2026 | Vesting date for 1,937 option shares. |
| 11/20/2027 | Vesting date for 1,950 option shares. |
| 11/15/2027 | Expiration date for options to purchase 6,000 shares. |
| 11/15/2027 | Vesting date for 1,950 option shares. |
| 11/20/2028 | Vesting date for 1,950 option shares. |
| 11/28/2028 | Expiration date for options to purchase 7,000 shares. |
| 11/15/2028 | Vesting date for 1,950 option shares. |
| 11/20/2029 | Expiration date for options to purchase 7,000 shares. |
| 10/26/2030 | Expiration date for options to purchase 7,500 shares. |
| 11/17/2031 | Expiration date for options to purchase 7,750 shares. |
| 11/16/2032 | Expiration date for options to purchase 7,800 shares. |
| 11/15/2033 | Expiration date for options to purchase 7,800 shares. |
| 11/20/2034 | Expiration date for options to purchase 7,800 shares. |
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