Form 4: Southern Missouri Bancorp Director William E. Young Sells Shares
SEC Form 4 Filing
Director William E. Young of Southern Missouri Bancorp, Inc. reports selling shares of common stock on August 2nd and 5th, 2024.
Summary
- William E. Young, a director of Southern Missouri Bancorp, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 2, 2024, Young sold 500 shares of common stock at a weighted average price of $52.37.
- On August 5, 2024, Young sold 4,496 shares at a weighted average price of $49.43 and 504 shares at a weighted average price of $50.8.
- These transactions were executed through Young Partners.
- Following these sales, Young indirectly owns 218,917 shares through Young Partners, 2,351 shares as custodian for his son, 51,649 shares through a revocable trust, and 3,488 shares through an IRA.
- Young also directly owns 1,000 shares and holds options to buy 7,500 shares of common stock at an exercise price of $46.94, which become exercisable in installments until 2/21/2033.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a company director; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock sales by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 02/21/2033 | Expiration date of stock options |
| 08/02/2024 | Date of first stock sale |
| 08/05/2024 | Date of second and third stock sales |
| 08/06/2024 | Date of signature |
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