Form 4: Southern Missouri Bancorp Director Acquires and Disposes of Shares
SEC Form 4 Filing
Director Rebecca J. Brooks reports acquisition and disposal of Southern Missouri Bancorp (SMBC) shares, including a grant of restricted stock and transactions related to a family trust.
Summary
- Rebecca J. Brooks, a director of Southern Missouri Bancorp, reported changes in her beneficial ownership of the company's stock.
- On February 18, 2025, she acquired 400 shares of common stock as a grant of restricted stock.
- These shares will vest over a five-year period starting February 9, 2026, with 20% vesting each year.
- On October 15, 2024, she acquired 20,000 shares indirectly through a family trust for which she was appointed trustee.
- Brooks disclaims beneficial ownership of these shares except to the extent of her pecuniary interest.
- She disposed of 20,000 shares on 10/15/2024.
- Following these transactions, Brooks directly owns 31,400 shares of Southern Missouri Bancorp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The grant of restricted stock to a director could be seen as an incentive to align her interests with those of the shareholders.
Future Outlook
The restricted stock grant suggests a long-term commitment by the director to the company's success, as the shares vest over a five-year period.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates the director's ongoing investment in the company.
Stakeholder Impact
- Shareholders may be interested in the director's transactions as an indicator of her confidence in the company.
- The vesting schedule of the restricted stock aligns the director's interests with long-term shareholder value.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Reporting person was appointed trustee of her family trust and acquired 20,000 shares indirectly. Reporting person disposed of 20,000 shares. |
| 02/18/2025 | Grant of 400 restricted shares of common stock. |
| 02/09/2026 | First vesting date for the restricted stock grant (20%). |
Keywords
Form 4, Beneficial Ownership, Director, Southern Missouri Bancorp, SMBC, Stock Grant, Family Trust, Rebecca J. Brooks
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