Form 4: Great Southern Bancorp Director Exercises Options and Sells Shares
SEC Form 4
Director Earl A. Steinert Jr. exercised stock options and sold shares of Great Southern Bancorp on July 24, 2024.
Summary
- On July 24, 2024, Earl A. Steinert Jr., a director of Great Southern Bancorp, exercised options to purchase 5,000 shares of common stock at prices of $52.20, $55.00 and $41.74.
- Steinert also sold 5,000 shares of common stock at a price of $63.2122.
- Following these transactions, Steinert directly owns 939,596 shares of Great Southern Bancorp.
- Steinert continues to hold options to purchase 26,000 shares at prices ranging from $41.74 to $61.55.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors. It's common for executives to exercise stock options and sell shares for personal financial management.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal given the size of the transaction relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of transaction: Exercising of stock options and sale of shares. |
| 11/15/2019 | Vesting date for 500 shares related to one of the options. |
| 11/20/2029 | Expiration date for one of the options. |
| 10/26/2030 | Expiration date for one of the options. |
| 11/17/2031 | Expiration date for one of the options. |
| 11/16/2032 | Expiration date for one of the options. |
| 11/15/2033 | Expiration date for one of the options. |
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