Form 4: Southern Missouri Bancorp Director William E. Young Sells Shares

Sentiment:

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

DateDescription
02/21/2033Expiration date of stock options
08/02/2024Date of first stock sale
08/05/2024Date of second and third stock sales
08/06/2024Date of signature

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