Form 4: Insider Sells GSBC Shares After Option Exercise

Sentiment:

Insider Transaction Report 1 December 2025 10:59 AM

📋All filings for Great Southern Bancorp, INC

A Great Southern Bancorp subsidiary Vice President sold 1,450 shares of common stock after exercising options, reducing direct beneficial ownership to zero.

Summary

Mark A Maples, Vice President of a Great Southern Bancorp, Inc. subsidiary, reported transactions on November 25, 2025.
Exercised options to acquire 250 shares of common stock at $41.74 per share.
Exercised options to acquire an additional 1,200 shares of common stock at $53.22 per share.
Subsequently sold all 1,450 shares of common stock acquired through option exercises at a price of $59.9301 per share.
Following these transactions, direct beneficial ownership of common stock is 0 shares.
The transactions were conducted under a Rule 10b5-1(c) plan, indicating they were pre-arranged.
Maples retains derivative securities (options) for a total of 15,574 shares, with various vesting schedules and exercise prices ranging from $57.29 to $61.79.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale following option exercise, pre-planned under a 10b5-1 plan. While a sale reduces direct ownership, it's a common compensation management activity and doesn't inherently signal negative company performance. The insider still holds a significant number of unexercised options.

Positives

The insider realized a profit by exercising options at lower prices ($41.74 and $53.22) and selling at a higher market price ($59.9301).
The transaction was executed under a pre-arranged Rule 10b5-1 plan, indicating it was not a reaction to recent non-public information.

Negatives

An insider selling all directly held common stock, even after exercising options, could be perceived as a negative signal by some investors, as it reduces their direct equity stake in the company.

Future Outlook

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

Industry Context

This Form 4 filing reports an individual insider transaction, which is a routine disclosure for publicly traded companies. It does not provide broader insights into industry trends or competitive landscape, but rather reflects an individual's equity compensation and personal financial planning within the banking sector.

Comparison to Industry Standards

This filing is a standard Form 4 disclosure for an insider transaction. It does not contain information that allows for a direct comparison of company results to global benchmarks or specific comparable companies/projects.
The transaction itself, an exercise of options followed by a sale, is a common practice for executives managing their equity compensation.

Related Party Transactions

The exercise of stock options by an executive is a related party transaction as it involves compensation from the company to an insider.
The subsequent sale of shares by the executive, while an open market transaction, stems directly from the related party option exercise.

Stakeholder Impact

Shareholders: The sale by an insider could be interpreted differently by shareholders; some might see it as a lack of confidence, while others might view it as routine compensation management, especially given the 10b5-1 plan. The reduction in direct beneficial ownership to zero might be noted.
Employees: No direct impact on employees is indicated.
Customers: No direct impact on customers is indicated.
Suppliers: No direct impact on suppliers is indicated.
Creditors: No direct impact on creditors is indicated.

Key Dates

Date	Description
10/26/2025	Vesting date for 250 shares of options with an exercise price of $41.74.
11/15/2025	Vesting date for 1,200 shares of options with an exercise price of $53.22.
11/16/2025	First vesting date for 1,200 shares of options with an exercise price of $61.55.
11/17/2025	First vesting date for 1,187 shares of options with an exercise price of $57.98.
11/25/2025	Transaction date for the exercise of 1,450 stock options and subsequent sale of 1,450 common shares.
12/01/2025	Signature date of the reporting person's power of attorney.
11/15/2026	Second vesting date for 1,200 shares of options with an exercise price of $53.22.
11/16/2026	Second vesting date for 1,200 shares of options with an exercise price of $61.55.
11/17/2026	Second vesting date for 1,187 shares of options with an exercise price of $57.98.
11/20/2026	First vesting date for 1,200 shares of options with an exercise price of $61.79.
11/15/2027	Third vesting date for 1,200 shares of options with an exercise price of $53.22.
11/16/2027	Third vesting date for 1,200 shares of options with an exercise price of $61.55.
11/19/2027	First vesting date for 1,200 shares of options with an exercise price of $57.29.
11/20/2027	Second vesting date for 1,200 shares of options with an exercise price of $61.79.
11/15/2028	Fourth vesting date for 1,200 shares of options with an exercise price of $53.22.
11/19/2028	Second vesting date for 1,200 shares of options with an exercise price of $57.29.
11/20/2028	Third vesting date for 1,200 shares of options with an exercise price of $61.79.
11/19/2029	Third vesting date for 1,200 shares of options with an exercise price of $57.29.
11/20/2029	Fourth vesting date for 1,200 shares of options with an exercise price of $61.79.
10/26/2030	Expiration date for the 250 options that were exercised on 11/25/2025.
11/19/2030	Fourth vesting date for 1,200 shares of options with an exercise price of $57.29.
11/17/2031	Expiration date for 2,374 remaining options (exercise price $57.98).
11/16/2032	Expiration date for 3,600 remaining options (exercise price $61.55).
11/15/2033	Expiration date for the 1,200 options that were exercised on 11/25/2025.
11/20/2034	Expiration date for 4,800 remaining options (exercise price $61.79).
11/19/2035	Expiration date for 4,800 remaining options (exercise price $57.29).

Recommendation

hold

This Form 4 filing details a routine insider transaction where an executive exercised vested stock options and sold the acquired shares under a pre-arranged Rule 10b5-1 plan. While the insider's direct beneficial ownership of common stock is now zero, they still hold a substantial number of unexercised options. This type of transaction is common for compensation management and does not typically signal a fundamental change in the company's prospects. Therefore, it provides insufficient information to warrant a change in investment recommendation, suggesting a 'hold' position based solely on this filing.

Keywords

Great Southern Bancorp, GSBC, Form 4, Insider Trading, Stock Options, Equity Sales, Rule 10b5-1, 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.