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

Director Steven D Edwards acquired 27 shares of Great Southern Bancorp through a Dividend Reinvestment Program (DRIP) and holds options to purchase 6,000 shares.

Summary

• On January 14, 2025, Steven D Edwards, a director of Great Southern Bancorp, acquired 27 shares of common stock through a Dividend Reinvestment Program (DRIP) at a price of $58.355 per share.
• Following this transaction, Edwards directly owns 3,969 shares of Great Southern Bancorp.
• Edwards also holds options to purchase shares of common stock, including options for 2,000 shares at $61.55 (vesting between 2024 and 2027), 2,000 shares at $53.22 (vesting between 2025 and 2028), and 2,000 shares at $61.79 (vesting between 2026 and 2029), totaling options for 6,000 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine transactions and continued director investment in the company.

Positives

• The director's participation in the DRIP indicates confidence in the company's future.
• The director continues to hold a significant number of shares and options, aligning their interests with those of other shareholders.

Industry Context

Director share ownership and option grants are common practices in the banking industry to align management interests with shareholder value.

Comparison to Industry Standards

• Comparing Great Southern Bancorp to regional bank peers like Commerce Bancshares or UMB Financial Corporation, director ownership is a common practice.
• Option grants are also standard compensation for directors, with vesting schedules typically tied to continued service.

Stakeholder Impact

• The director's share acquisition and option holdings signal confidence to shareholders.
• The DRIP participation benefits the company by providing a source of capital.

Key Dates