GSBC.NASDAQGreat Southern Bancorp, INC

Form 4: Great Southern Bancorp Director Acquires Stock Options

Sentiment:

SEC Form 4

📋All filings for Great Southern Bancorp, INC
🔒Login to Follow

Steven D Edwards, a director at Great Southern Bancorp, acquired stock options and disposed of common stock on November 20, 2024.

Summary

  • Steven D Edwards, a director of Great Southern Bancorp, engaged in transactions involving the company's stock on November 20, 2024.
  • He disposed of 3,942 shares of common stock.
  • He acquired options to purchase 500 shares of common stock at $61.79 each, vesting annually from 2026 to 2029, with all options expiring on November 20, 2034.
  • He also holds options to purchase 2,000 shares at $61.55, vesting annually from 2024 to 2027, and 2,000 shares at $53.22, vesting annually from 2025 to 2028.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of insider trading activity, which is neither positive nor negative in itself. It is a neutral event.

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

  • Similar filings are common across all publicly traded companies, such as those by directors at JP Morgan Chase (JPM) or Bank of America (BAC).
  • The vesting schedules and option prices are typical for executive compensation packages in the financial sector.
  • The number of shares and options involved are not unusual for a director of a company of this size.

Stakeholder Impact

  • The transactions may have a minor impact on shareholder sentiment, as they reflect a director's trading activity.
  • The vesting of options could potentially dilute existing shareholders over time.

Key Dates

DateDescription
11/15/2025First vesting date for 500 shares of options at $53.22.
11/15/2026Second vesting date for 500 shares of options at $53.22.
11/15/2027Third vesting date for 500 shares of options at $53.22.
11/15/2028Final vesting date for 500 shares of options at $53.22.
11/16/2024First vesting date for 500 shares of options at $61.55.
11/16/2025Second vesting date for 500 shares of options at $61.55.
11/16/2026Third vesting date for 500 shares of options at $61.55.
11/16/2027Final vesting date for 500 shares of options at $61.55.
11/20/2024Date of stock disposal and option acquisitions.
11/20/2026First vesting date for 500 shares of options at $61.79.
11/20/2027First vesting date for 500 shares of options at $61.79.
11/20/2028First vesting date for 500 shares of options at $61.79.
11/20/2029First vesting date for 500 shares of options at $61.79.
11/20/2034Expiration date for all options acquired on 11/20/2024.
11/22/2024Date of signature by power of attorney.

Keywords

stock options, insider trading, director, GSBC, Great Southern Bancorp, equity securities, beneficial ownership

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.