Form 4: Great Southern Bancorp Director Acquires Shares Through DRIP and Holds Multiple Stock Options
SEC Form 4 Filing
Director Debra Mallonee Hart acquired 15 shares of Great Southern Bancorp through a Dividend Reinvestment Plan (DRIP) and holds options to purchase thousands more shares at various prices and vesting schedules.
Summary
- On April 16, 2024, Debra Mallonee Hart, a director of Great Southern Bancorp, acquired 15 shares of common stock through a Dividend Reinvestment Plan (DRIP) at a price of $50.42 per share.
- Following this transaction, Hart directly owns 1,918 shares of Great Southern Bancorp common stock.
- Hart also holds multiple options to purchase Great Southern Bancorp common stock at exercise prices ranging from $41.74 to $61.55.
- These options have various vesting schedules and expiration dates, with the potential to acquire up to 19,000 additional shares.
Sentiment
Score: 6
Explanation: The document reflects a neutral sentiment. It simply reports transactions and holdings of a company director, which is a routine activity. There is no indication of positive or negative events.
Positives
- The director's participation in the DRIP program demonstrates confidence in the company's future.
- The director holds a significant number of stock options, aligning her interests with those of shareholders.
Industry Context
This filing is standard for corporate insiders and provides transparency into their investment activities in the company. It is common for directors to hold stock options and participate in DRIP programs.
Stakeholder Impact
- The director's stock ownership aligns her interests with those of shareholders.
- The DRIP participation shows a long-term commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2019 | First vesting date for 1,250 shares at $51.4 |
| 11/15/2019 | First vesting date for 500 shares at $52.2 |
| 03/15/2020 | Second vesting date for 1,250 shares at $51.4 |
| 11/15/2020 | Second vesting date for 500 shares at $52.2 |
| 11/28/2020 | First vesting date for 500 shares at $55 |
| 03/15/2021 | Third vesting date for 1,250 shares at $51.4 |
| 11/15/2021 | Third vesting date for 500 shares at $52.2 |
| 11/20/2021 | First vesting date for 500 shares at $60.15 |
| 11/28/2021 | Second vesting date for 500 shares at $55 |
| 03/15/2022 | Fourth vesting date for 1,250 shares at $51.4 |
| 10/26/2022 | First vesting date for 500 shares at $41.74 |
| 11/15/2022 | Fourth vesting date for 500 shares at $52.2 |
| 11/20/2022 | Second vesting date for 500 shares at $60.15 |
| 11/28/2022 | Third vesting date for 500 shares at $55 |
| 11/17/2023 | First vesting date for 500 shares at $57.98 |
| 10/26/2023 | Second vesting date for 500 shares at $41.74 |
| 11/20/2023 | Third vesting date for 500 shares at $60.15 |
| 11/28/2023 | Fourth vesting date for 500 shares at $55 |
| 11/16/2024 | First vesting date for 500 shares at $61.55 |
| 11/17/2024 | Second vesting date for 500 shares at $57.98 |
| 10/26/2024 | Third vesting date for 500 shares at $41.74 |
| 11/20/2024 | Fourth vesting date for 500 shares at $60.15 |
| 04/16/2024 | Director acquired 15 shares through DRIP at $50.42. |
| 11/15/2025 | First vesting date for 500 shares at $53.22 |
| 11/16/2025 | Second vesting date for 500 shares at $61.55 |
| 11/17/2025 | Third vesting date for 500 shares at $57.98 |
| 10/26/2025 | Fourth vesting date for 500 shares at $41.74 |
| 11/15/2026 | Second vesting date for 500 shares at $53.22 |
| 11/16/2026 | Third vesting date for 500 shares at $61.55 |
| 11/17/2026 | Fourth vesting date for 500 shares at $57.98 |
| 03/15/2027 | Expiration date for options to purchase 5,000 shares at $51.4 |
| 11/15/2027 | Third vesting date for 500 shares at $53.22 |
| 11/16/2027 | Fourth vesting date for 500 shares at $61.55 |
| 11/28/2028 | Expiration date for options to purchase 2,000 shares at $55 |
| 11/15/2028 | Fourth vesting date for 500 shares at $53.22 |
| 11/20/2029 | Expiration date for options to purchase 2,000 shares at $60.15 |
| 10/26/2030 | Expiration date for options to purchase 2,000 shares at $41.74 |
| 11/17/2031 | Expiration date for options to purchase 2,000 shares at $57.98 |
| 11/16/2032 | Expiration date for options to purchase 2,000 shares at $61.55 |
| 11/15/2033 | Expiration date for options to purchase 2,000 shares at $53.22 |
| 05/14/2024 | Date of signature by Power of Attorney. |
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