GSBC.NASDAQGreat Southern Bancorp, INC

Form 4: GSBC Officer Exercises Options, Sells Shares

Sentiment:

Insider Transaction Report

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

Great Southern Bancorp officer Rex A. Copeland exercised stock options and subsequently sold 1,797 shares of common stock.

Summary

  • Rex A. Copeland, Treasurer and Senior Vice President of a subsidiary of Great Southern Bancorp, Inc. (GSBC), engaged in an insider transaction.
  • On February 6, 2026, Copeland acquired 1,797 shares of common stock by exercising options at a price of $41.3 per share.
  • Immediately following the acquisition, Copeland sold all 1,797 shares of common stock at a price of $63.6717 per share.
  • The transaction resulted in a net gain of approximately $40,181.88 before taxes and fees for the shares involved in this specific exercise and sale.
  • After these transactions, Copeland's direct beneficial ownership of common stock stands at 24,671 shares.
  • Copeland retains beneficial ownership of derivative securities (options) for an additional 26,650 shares of common stock, with various exercise prices and vesting schedules.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it involves insider selling, it's an 'exercise and sell' transaction, which is a routine part of executive compensation and often driven by personal financial planning or tax obligations rather than a negative outlook on the company.

Positives

  • The officer realized a significant gain by exercising options at $41.3 and selling shares at $63.6717, indicating the stock price was well above the option's exercise price.
  • The exercise of options demonstrates that the options held value for the insider.

Negatives

  • The immediate sale of all acquired shares by an officer could be perceived by some investors as a lack of increased confidence in the company's near-term stock appreciation, although it is a common practice for liquidity or tax purposes.

Future Outlook

The filing primarily details past transactions and existing option grants with future vesting and expiration dates. It does not provide forward-looking statements or guidance regarding the company's operational or financial performance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly 'exercise and sell' events like this, are common in the banking sector and across industries. They often reflect an executive's need for liquidity, tax planning, or diversification rather than a direct signal about the company's future prospects. While the sale of shares by an officer can sometimes raise questions, the context of an option exercise suggests the officer is realizing value from previously granted compensation.

Stakeholder Impact

  • Shareholders may interpret the insider sale differently; some may view it as a neutral event related to compensation, while others might see it as a slight negative signal, though the context of an option exercise mitigates this.
  • The transaction demonstrates the value of the company's stock options as part of executive compensation.

Next Steps

  • The remaining stock options held by Rex A. Copeland will continue to vest according to their respective schedules, with the earliest vesting in November 2024 and the latest in November 2027.
  • These options have expiration dates ranging from October 2026 to November 2032.

Key Dates

DateDescription
10/24/2018Vesting date for 1,050 shares of an option.
10/24/2019Vesting date for 747 shares of an option; also a vesting date for 1,050 shares of another option.
11/15/2019Vesting date for 1,050 shares of an option.
11/28/2020Vesting date for 1,050 shares of an option; also a vesting date for 1,050 shares of another option.
11/15/2020Vesting date for 1,050 shares of an option.
11/20/2021Vesting date for 1,050 shares of an option; also a vesting date for 1,050 shares of another option.
11/15/2021Vesting date for 1,050 shares of an option.
10/26/2022Vesting date for 1,125 shares of an option.
11/15/2022Vesting date for 1,050 shares of an option.
11/20/2022Vesting date for 1,050 shares of an option; also a vesting date for 1,050 shares of another option.
11/28/2022Vesting date for 1,050 shares of an option.
10/26/2023Vesting date for 1,125 shares of an option.
11/17/2023Vesting date for 1,188 shares of an option.
11/20/2023Vesting date for 1,050 shares of an option.
11/28/2023Vesting date for 1,050 shares of an option.
10/26/2024Vesting date for 1,125 shares of an option.
11/16/2024Vesting date for 1,200 shares of an option.
11/17/2024Vesting date for 1,188 shares of an option.
11/20/2024Vesting date for 1,050 shares of an option.
10/26/2025Vesting date for 1,125 shares of an option.
11/16/2025Vesting date for 1,200 shares of an option.
11/17/2025Vesting date for 1,187 shares of an option.
02/06/2026Date of option exercise and subsequent sale of common stock.
10/24/2026Expiration date for the option that was partially exercised.
11/16/2026Vesting date for 1,200 shares of an option.
11/17/2026Vesting date for 1,187 shares of an option.
11/15/2027Expiration date for an option to purchase 4,200 shares of common stock.
11/16/2027Vesting date for 1,200 shares of an option.
11/28/2028Expiration date for an option to purchase 4,200 shares of common stock.
11/20/2029Expiration date for an option to purchase 4,200 shares of common stock.
10/26/2030Expiration date for an option to purchase 4,500 shares of common stock.
11/17/2031Expiration date for an option to purchase 4,750 shares of common stock.
11/16/2032Expiration date for an option to purchase 4,800 shares of common stock.

Keywords

Great Southern Bancorp, GSBC, Insider Trading, Form 4, Stock Options, Share Sale, Officer Transaction, Financial Services, Banking

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.