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

Sentiment:

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

DateDescription
10/24/2018Vesting date for 1,500 option shares.
11/15/2019Vesting date for 1,500 option shares.
10/24/2019Vesting date for 1,500 option shares.
11/28/2020Vesting date for 1,750 option shares.
10/24/2020Vesting date for 1,500 option shares.
11/15/2020Vesting date for 1,500 option shares.
11/20/2021Vesting date for 1,750 option shares.
10/24/2021Vesting date for 1,500 option shares.
11/28/2021Vesting date for 1,750 option shares.
11/15/2021Vesting date for 1,500 option shares.
10/26/2022Vesting date for 1,875 option shares.
11/20/2022Vesting date for 1,750 option shares.
11/28/2022Vesting date for 1,750 option shares.
11/15/2022Vesting date for 1,500 option shares.
10/26/2023Vesting date for 1,875 option shares.
11/17/2023Vesting date for 1,938 option shares.
11/20/2023Vesting date for 1,750 option shares.
11/28/2023Vesting date for 1,750 option shares.
10/26/2024Vesting date for 1,875 option shares.
11/16/2024Vesting date for 1,950 option shares.
11/17/2024Vesting date for 1,938 option shares.
11/20/2024Vesting date for 1,750 option shares.
01/14/2025Date of DRIP transaction.
03/04/2025Date of Form 4 filing.
10/26/2025Vesting date for 1,875 option shares.
11/15/2025Vesting date for 1,950 option shares.
11/16/2025Vesting date for 1,950 option shares.
11/17/2025Vesting date for 1,937 option shares.
11/20/2026Vesting date for 1,950 option shares.
10/24/2026Expiration date for options to purchase 6,000 shares.
11/15/2026Vesting date for 1,950 option shares.
11/16/2026Vesting date for 1,950 option shares.
11/17/2026Vesting date for 1,937 option shares.
11/20/2027Vesting date for 1,950 option shares.
11/15/2027Expiration date for options to purchase 6,000 shares.
11/15/2027Vesting date for 1,950 option shares.
11/20/2028Vesting date for 1,950 option shares.
11/28/2028Expiration date for options to purchase 7,000 shares.
11/15/2028Vesting date for 1,950 option shares.
11/20/2029Expiration date for options to purchase 7,000 shares.
10/26/2030Expiration date for options to purchase 7,500 shares.
11/17/2031Expiration date for options to purchase 7,750 shares.
11/16/2032Expiration date for options to purchase 7,800 shares.
11/15/2033Expiration date for options to purchase 7,800 shares.
11/20/2034Expiration date for options to purchase 7,800 shares.

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