GSBC.NASDAQGreat Southern Bancorp, INC

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

Sentiment:

SEC Form 4

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Director Steven D Edwards acquired 31 shares of Great Southern Bancorp through a Dividend Reinvestment Plan (DRIP) and holds options to purchase 6,000 shares.

Summary

  • On April 16, 2024, Steven D Edwards, a director of Great Southern Bancorp, acquired 31 shares of common stock through a Dividend Reinvestment Plan (DRIP) at a price of $50.638 per share.
  • Following this transaction, Edwards directly owns 3,889 shares of Great Southern Bancorp common stock.
  • Edwards also holds options to purchase 2,000 shares at an exercise price of $61.55, vesting in installments from November 16, 2024, to November 16, 2027.
  • Additionally, he holds options to purchase 4,000 shares at an exercise price of $53.22, vesting in installments from November 15, 2025, to November 15, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's participation in the DRIP is a positive signal, but the overall impact is limited as it's a small transaction.

Positives

  • The director's participation in the DRIP indicates confidence in the company's future.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. DRIP participation is generally viewed positively.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
04/16/2024Date of DRIP transaction.
11/16/2024First vesting date for 500 shares of options at $61.55.
11/15/2025First vesting date for 500 shares of options at $53.22.
11/16/2025Second vesting date for 500 shares of options at $61.55.
11/15/2026Second vesting date for 500 shares of options at $53.22.
11/16/2026Third vesting date for 500 shares of options at $61.55.
11/15/2027Third vesting date for 500 shares of options at $53.22.
11/16/2027Fourth vesting date for 500 shares of options at $61.55.
11/15/2028Fourth vesting date for 500 shares of options at $53.22.
11/16/2032Expiration date for options to purchase 2,000 shares at $61.55.
11/15/2033Expiration date for options to purchase 4,000 shares at $53.22.
05/14/2024Date of signature by Power of Attorney.

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