Form 4: Great Southern Bancorp Director Acquires Shares and Options
SEC Form 4 Filing
Director Thomas J. Carlson acquired 119 shares of Great Southern Bancorp stock and additional stock options, according to a recent SEC filing.
Summary
- Thomas J. Carlson, a director at Great Southern Bancorp, acquired 119 shares of common stock at a price of $57.9051 per share.
- This acquisition was part of a Dividend Reinvestment Program (DRIP) and is being reported voluntarily.
- Mr. Carlson also acquired options to purchase 2,000 shares of common stock at an exercise price of $61.79, with 500 shares vesting annually over four years starting on November 20th of 2026, 2027, 2028 and 2029.
- He also holds options to purchase 2,000 shares at $41.3, 2,000 shares at $52.2, 2,000 shares at $55, 2,000 shares at $60.15, 2,000 shares at $41.74, 2,000 shares at $57.98, 2,000 shares at $61.55 and 2,000 shares at $53.22, all with various vesting schedules.
Sentiment
Score: 7
Explanation: The document reflects a positive sentiment due to the director's increased investment in the company through share purchases and option grants. This suggests confidence in the company's future performance.
Positives
- The director's participation in the DRIP program indicates confidence in the company's future.
- The acquisition of additional stock options suggests a long-term commitment to the company's success.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- The vesting schedules for the options are typical for executive compensation packages in the financial industry.
- The DRIP participation is a common method for directors to increase their stake in the company.
Stakeholder Impact
- The director's increased stake in the company may positively influence shareholder confidence.
- The information is relevant to shareholders as it provides insight into insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 10/24/2018 | First vesting date for 500 shares of options at $41.3. |
| 11/15/2019 | First vesting date for 500 shares of options at $52.2. |
| 10/24/2019 | Second vesting date for 500 shares of options at $41.3. |
| 11/28/2020 | First vesting date for 500 shares of options at $55. |
| 11/15/2020 | Second vesting date for 500 shares of options at $52.2. |
| 10/24/2020 | Third vesting date for 500 shares of options at $41.3. |
| 11/20/2021 | First vesting date for 500 shares of options at $60.15. |
| 11/15/2021 | Third vesting date for 500 shares of options at $52.2. |
| 10/24/2021 | Fourth vesting date for 500 shares of options at $41.3. |
| 11/28/2021 | Second vesting date for 500 shares of options at $55. |
| 10/26/2022 | First vesting date for 500 shares of options at $41.74. |
| 11/15/2022 | Fourth vesting date for 500 shares of options at $52.2. |
| 11/20/2022 | Second vesting date for 500 shares of options at $60.15. |
| 11/28/2022 | Third vesting date for 500 shares of options at $55. |
| 10/26/2023 | Second vesting date for 500 shares of options at $41.74. |
| 11/17/2023 | First vesting date for 500 shares of options at $57.98. |
| 11/20/2023 | Third vesting date for 500 shares of options at $60.15. |
| 11/28/2023 | Fourth vesting date for 500 shares of options at $55. |
| 10/15/2024 | Date of the reported share acquisition. |
| 10/26/2024 | Third vesting date for 500 shares of options at $41.74. |
| 11/16/2024 | First vesting date for 500 shares of options at $61.55. |
| 11/17/2024 | Second vesting date for 500 shares of options at $57.98. |
| 11/20/2024 | Fourth vesting date for 500 shares of options at $60.15 and date of new option grant. |
| 10/26/2025 | Fourth vesting date for 500 shares of options at $41.74. |
| 11/15/2025 | First vesting date for 500 shares of options at $53.22. |
| 11/16/2025 | Second vesting date for 500 shares of options at $61.55. |
| 11/17/2025 | Third vesting date for 500 shares of options at $57.98. |
| 10/24/2026 | First vesting date for 500 shares of options at $61.79. |
| 11/15/2026 | Second vesting date for 500 shares of options at $53.22. |
| 11/16/2026 | Third vesting date for 500 shares of options at $61.55. |
| 11/17/2026 | Fourth vesting date for 500 shares of options at $57.98. |
| 11/20/2026 | First vesting date for 500 shares of options at $61.79. |
| 11/15/2027 | Third vesting date for 500 shares of options at $53.22. |
| 11/20/2027 | Second vesting date for 500 shares of options at $61.79. |
| 11/16/2027 | Fourth vesting date for 500 shares of options at $61.55. |
| 11/15/2028 | Fourth vesting date for 500 shares of options at $53.22. |
| 11/20/2028 | Third vesting date for 500 shares of options at $61.79. |
| 11/20/2029 | Fourth vesting date for 500 shares of options at $61.79. |
| 11/22/2024 | Date of signature on the form. |
Keywords
Great Southern Bancorp, Director, Stock Options, Share Acquisition, DRIP, SEC Form 4, Insider Trading
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