Form 4: Southern Missouri Bancorp Director William E. Young Sells Shares
SEC Form 4 Filing
William E. Young, a director at Southern Missouri Bancorp, sold shares of common stock on August 6, 2024.
Summary
- On August 6, 2024, William E. Young, a director of Southern Missouri Bancorp, sold shares of the company's common stock.
- He sold 19,654 shares at a weighted average price of $49.309, with prices ranging from $48.81 to $49.79.
- Additionally, he sold 346 shares at a weighted average price of $49.896, with prices ranging from $49.815 to $50.06.
- Following these transactions, Young directly owns 1,000 shares and indirectly owns 198,917 shares through Young Partners, 2,351 shares as custodian for his son, 3,488 shares through an IRA, and 51,649 shares through a revocable trust.
- Young also holds options to buy 7,500 shares of common stock at an exercise price of $46.94, which become exercisable in installments until 2029.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. While the document only reports a transaction, insider selling can sometimes be interpreted negatively by the market.
Negatives
- A director selling shares could be perceived negatively by investors.
Risks
- The sale of shares by a director could indicate a lack of confidence in the company's future performance, although this is not explicitly stated.
Industry Context
Insider trading activity is always closely watched in the financial industry as it can provide insights into the perspectives of those closest to the company.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | First installment vesting date for stock options. |
| 08/06/2024 | Date of stock sale transactions. |
| 08/07/2024 | Date of Form 4 filing. |
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