Form 4: Great Southern Bancorp Director Acquires Shares Through DRIP and Holds Options
SEC Form 4
Director Debra Mallonee Hart acquired 15 shares of Great Southern Bancorp through a Dividend Reinvestment Program (DRIP) and holds options to purchase additional shares.
Summary
- On April 14, 2025, Debra Mallonee Hart, a director of Great Southern Bancorp, acquired 15 shares of common stock through a Dividend Reinvestment Program (DRIP) at a price of $49.8657 per share.
- Following this transaction, Hart directly owns 1,959 shares of Great Southern Bancorp common stock.
- Hart also holds options to purchase a total of 21,000 shares of common stock at various exercise prices and vesting schedules.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's participation in a DRIP and holding of stock options. There's no indication of significant positive or negative news.
Positives
- The director's participation in the DRIP demonstrates confidence in the company's future.
- The director holds a significant number of options, aligning her interests with those of shareholders.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership stake of company directors.
Comparison to Industry Standards
- Comparing the option grants to similar financial institutions, the vesting schedules and exercise prices appear to be within the typical range for executive compensation.
- Many regional banks use similar DRIP programs to allow shareholders to reinvest dividends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2019 | First vesting date for 1,250 options at $51.4. |
| 11/15/2019 | First vesting date for 500 options at $52.2. |
| 03/15/2020 | Second vesting date for 1,250 options at $51.4. |
| 11/15/2020 | Second vesting date for 500 options at $52.2. |
| 11/28/2020 | First vesting date for 500 options at $55. |
| 03/15/2021 | Third vesting date for 1,250 options at $51.4. |
| 11/15/2021 | Third vesting date for 500 options at $52.2. |
| 11/20/2021 | First vesting date for 500 options at $60.15. |
| 11/28/2021 | Second vesting date for 500 options at $55. |
| 03/15/2022 | Fourth vesting date for 1,250 options at $51.4. |
| 10/26/2022 | First vesting date for 500 options at $41.74. |
| 11/15/2022 | Fourth vesting date for 500 options at $52.2. |
| 11/20/2022 | Second vesting date for 500 options at $60.15. |
| 11/28/2022 | Third vesting date for 500 options at $55. |
| 11/17/2023 | First vesting date for 500 options at $57.98. |
| 10/26/2023 | Second vesting date for 500 options at $41.74. |
| 11/20/2023 | Third vesting date for 500 options at $60.15. |
| 11/28/2023 | Fourth vesting date for 500 options at $55. |
| 11/16/2024 | First vesting date for 500 options at $61.55. |
| 11/17/2024 | Second vesting date for 500 options at $57.98. |
| 10/26/2024 | Third vesting date for 500 options at $41.74. |
| 11/20/2024 | Fourth vesting date for 500 options at $60.15. |
| 04/14/2025 | Date of DRIP transaction. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
| 11/15/2025 | First vesting date for 500 options at $53.22. |
| 11/16/2025 | Second vesting date for 500 options at $61.55. |
| 11/17/2025 | Third vesting date for 500 options at $57.98. |
| 10/26/2025 | Fourth vesting date for 500 options at $41.74. |
| 11/20/2026 | First vesting date for 500 options at $61.79. |
| 11/15/2026 | Second vesting date for 500 options at $53.22. |
| 11/16/2026 | Third vesting date for 500 options at $61.55. |
| 11/17/2026 | Fourth vesting date for 500 options at $57.98. |
| 03/15/2027 | Expiration date for options to purchase 5,000 shares at $51.4. |
| 11/20/2027 | Second vesting date for 500 options at $61.79. |
| 11/15/2027 | Third vesting date for 500 options at $53.22 and expiration date for options to purchase 2,000 shares at $52.2. |
| 11/16/2027 | Fourth vesting date for 500 options at $61.55. |
| 11/20/2028 | Third vesting date for 500 options at $61.79. |
| 11/15/2028 | Fourth vesting date for 500 options at $53.22. |
| 11/28/2028 | Expiration date for options to purchase 2,000 shares at $55. |
| 11/20/2029 | Fourth vesting date for 500 options at $61.79 and 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. |
| 11/20/2034 | Expiration date for options to purchase 2,000 shares at $61.79. |
Keywords
Form 4, Director, Debra Mallonee Hart, Great Southern Bancorp, GSBC, DRIP, Dividend Reinvestment Program, Stock Options, Beneficial Ownership
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