GSBC.NASDAQGreat Southern Bancorp, INC

Form 4: GSBC Director Carlson Exercises Options, Sells Shares

Sentiment:

Insider Transaction Report

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

Great Southern Bancorp Director Thomas J. Carlson reported exercising stock options and subsequently selling shares, alongside a voluntary DRIP acquisition.

Summary

  • Thomas J. Carlson, a Director of Great Southern Bancorp, Inc. (GSBC), reported multiple transactions.
  • On January 28, 2026, Carlson acquired 2,000 shares of common stock through the exercise of options at a price of $41.30 per share.
  • Immediately following the option exercise on January 28, 2026, Carlson sold 2,000 shares of common stock at a price of $59.89 per share.
  • On January 13, 2026, Carlson acquired 122 shares of common stock through a Dividend Reinvestment Plan (DRIP) at $62.5807 per share, which was voluntarily reported.
  • After these transactions, Carlson directly holds 100 shares of common stock and indirectly holds 17,886 shares through his spouse.
  • Carlson continues to hold options to purchase 18,000 shares of common stock across various grants with exercise prices ranging from $41.74 to $61.79, and expiration dates extending to November 19, 2035.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The director exercised options and sold shares, which is a common practice for monetizing vested equity, and also acquired shares through a DRIP, indicating continued investment.

Positives

  • The acquisition of 122 shares through a Dividend Reinvestment Plan (DRIP) at $62.5807 indicates continued investment in the company.
  • The exercise of options at $41.30 and subsequent sale at $59.89 demonstrates a profitable monetization of vested equity, reflecting a gain of $18.59 per share on the exercised options.

Negatives

  • The sale of 2,000 shares by a director could be perceived as a reduction in direct ownership, although it was immediately preceded by an option exercise.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider transactions, such as option exercises and subsequent share sales, are common events for corporate directors and executives. These transactions provide transparency into management's personal investment decisions and compensation realization, but do not inherently signal broader industry trends or competitive positioning for Great Southern Bancorp.

Related Party Transactions

  • Indirect beneficial ownership of 17,886 shares of common stock is held by the reporting person's spouse.

Stakeholder Impact

  • Shareholders gain transparency into a director's personal stock transactions, which can inform their own investment decisions.
  • The transactions reflect the realization of compensation for the director, aligning with executive incentive structures.

Next Steps

  • Future vesting of remaining stock options will occur on various dates through November 19, 2030.

Key Dates

DateDescription
10/24/2018First vesting date for 500 shares of options with an exercise price of $41.30.
11/15/2019First vesting date for 500 shares of options with an exercise price of $52.20.
10/24/2019Second vesting date for 500 shares of options with an exercise price of $41.30.
11/28/2020First vesting date for 500 shares of options with an exercise price of $55.00.
11/15/2020Second vesting date for 500 shares of options with an exercise price of $52.20.
10/24/2020Third vesting date for 500 shares of options with an exercise price of $41.30.
11/20/2021First vesting date for 500 shares of options with an exercise price of $60.15.
11/28/2021Second vesting date for 500 shares of options with an exercise price of $55.00.
11/15/2021Third vesting date for 500 shares of options with an exercise price of $52.20.
10/24/2021Fourth vesting date for 500 shares of options with an exercise price of $41.30.
10/26/2022First vesting date for 500 shares of options with an exercise price of $41.74.
11/20/2022Second vesting date for 500 shares of options with an exercise price of $60.15.
11/28/2022Third vesting date for 500 shares of options with an exercise price of $55.00.
11/15/2022Fourth vesting date for 500 shares of options with an exercise price of $52.20.
11/17/2023First vesting date for 500 shares of options with an exercise price of $57.98.
10/26/2023Second vesting date for 500 shares of options with an exercise price of $41.74.
11/20/2023Third vesting date for 500 shares of options with an exercise price of $60.15.
11/28/2023Fourth vesting date for 500 shares of options with an exercise price of $55.00.
11/16/2024First vesting date for 500 shares of options with an exercise price of $61.55.
11/17/2024Second vesting date for 500 shares of options with an exercise price of $57.98.
10/26/2024Third vesting date for 500 shares of options with an exercise price of $41.74.
11/20/2024Fourth vesting date for 500 shares of options with an exercise price of $60.15.
11/15/2025First vesting date for 500 shares of options with an exercise price of $53.22.
11/16/2025Second vesting date for 500 shares of options with an exercise price of $61.55.
11/17/2025Third vesting date for 500 shares of options with an exercise price of $57.98.
10/26/2025Fourth vesting date for 500 shares of options with an exercise price of $41.74.
01/13/2026Acquisition of 122 shares of common stock via DRIP at $62.5807.
11/20/2026First vesting date for 500 shares of options with an exercise price of $61.79.
11/15/2026Second vesting date for 500 shares of options with an exercise price of $53.22.
11/16/2026Third vesting date for 500 shares of options with an exercise price of $61.55.
11/17/2026Fourth vesting date for 500 shares of options with an exercise price of $57.98.
01/28/2026Exercise of 2,000 options at $41.30 and sale of 2,000 shares at $59.89.
01/29/2026Date the Form 4 was signed by Matt Snyder, by Power of Attorney.
11/19/2027First vesting date for 500 shares of options with an exercise price of $57.29.
11/20/2027Second vesting date for 500 shares of options with an exercise price of $61.79.
11/15/2027Third vesting date for 500 shares of options with an exercise price of $53.22.
11/16/2027Fourth vesting date for 500 shares of options with an exercise price of $61.55.
10/24/2026Expiration date for options with an exercise price of $41.30.
11/15/2028Fourth vesting date for 500 shares of options with an exercise price of $53.22.
11/19/2028Second vesting date for 500 shares of options with an exercise price of $57.29.
11/20/2028Third vesting date for 500 shares of options with an exercise price of $61.79.
11/15/2027Expiration date for options with an exercise price of $52.20.
11/19/2029Third vesting date for 500 shares of options with an exercise price of $57.29.
11/20/2029Fourth vesting date for 500 shares of options with an exercise price of $61.79.
11/28/2028Expiration date for options with an exercise price of $55.00.
11/19/2030Fourth vesting date for 500 shares of options with an exercise price of $57.29.
11/20/2029Expiration date for options with an exercise price of $60.15.
10/26/2030Expiration date for options with an exercise price of $41.74.
11/17/2031Expiration date for options with an exercise price of $57.98.
11/16/2032Expiration date for options with an exercise price of $61.55.
11/15/2033Expiration date for options with an exercise price of $53.22.
11/20/2034Expiration date for options with an exercise price of $61.79.
11/19/2035Expiration date for options with an exercise price of $57.29.

Recommendation

hold

The transaction represents a director monetizing vested options, a common practice for executive compensation. While a sale of shares occurred, it was immediately preceded by an option exercise, suggesting a liquidity event rather than a bearish signal on the company's future. The director still retains substantial indirect ownership and numerous unexercised options, indicating continued alignment with shareholder interests. Therefore, a 'hold' recommendation is appropriate as this routine insider activity does not fundamentally alter the investment thesis for Great Southern Bancorp.

Keywords

GSBC, Great Southern Bancorp, Insider Trading, Form 4, Stock Options, Director Transactions, Share Sale, DRIP, Equity Compensation

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.