Form 4: Great Southern Bancorp Director Acquires Shares and Holds Options

Sentiment:

SEC Form 4 19 May 2025 2:15 PM

📋All filings for Great Southern Bancorp, INC

Director Steven D Edwards acquired 31 shares of Great Southern Bancorp common stock through a DRIP and holds options to purchase additional shares.

Summary

On April 14, 2025, Steven D Edwards, a director of Great Southern Bancorp, acquired 31 shares of common stock at $51.232 per share.
This acquisition was made through a Dividend Reinvestment Program (DRIP) and is exempt from Section 16 reporting, but is being reported voluntarily.
Following the transaction, Edwards directly owns 4,000 shares of Great Southern Bancorp common stock.
Edwards also holds options to purchase 2,000 shares at $61.55, which vest in installments until November 16, 2027.
He holds options to purchase 2,000 shares at $53.22, which vest in installments until November 15, 2028.
Additionally, he holds options to purchase 2,000 shares at $61.79, which vest in installments until November 20, 2029.
Matt Snyder, acting as Power of Attorney, signed the form on May 19, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider trading activity. The director's participation in the DRIP is a mildly positive signal.

Positives

Director's participation in the DRIP program shows confidence in the company's future.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Comparison to Industry Standards

Comparing the option vesting schedules and exercise prices to those of similar financial institutions would provide a better understanding of the competitiveness of the compensation package.
Analyzing the DRIP participation rate among Great Southern Bancorp's directors compared to peers could indicate the level of confidence in the company's dividend policy and future prospects.
Companies like Commerce Bancshares and UMB Financial Corporation are regional banks that could be used for comparison.

Stakeholder Impact

The director's stock acquisition could be viewed positively by shareholders as it signals confidence in the company's prospects.

Key Dates

Date	Description
11/16/2024	500 shares of option to purchase vest.
04/14/2025	Director Steven D Edwards acquired 31 shares of common stock through DRIP.
05/19/2025	Date of Form 4 signature by Power of Attorney.
11/15/2025	500 shares of option to purchase vest.
11/16/2025	500 shares of option to purchase vest.
11/15/2026	500 shares of option to purchase vest.
11/16/2026	500 shares of option to purchase vest.
11/20/2026	500 shares of option to purchase vest.
11/15/2027	500 shares of option to purchase vest.
11/16/2027	500 shares of option to purchase vest.
11/20/2027	500 shares of option to purchase vest.
11/15/2028	500 shares of option to purchase vest.
11/20/2028	500 shares of option to purchase vest.
11/20/2029	500 shares of option to purchase vest.
11/16/2032	Expiration date for options to purchase 2,000 shares.
11/15/2033	Expiration date for options to purchase 2,000 shares.
11/20/2034	Expiration date for options to purchase 2,000 shares.

Keywords

Form 4, Director, Insider Trading, Stock Options, DRIP, GSBC, Great Southern Bancorp, Share Acquisition

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