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

William E. Young, a director at Southern Missouri Bancorp, sold 5,000 shares of common stock at an average price of $41.76 on May 10, 2024.

Summary

• On May 10, 2024, William E. Young, a director of Southern Missouri Bancorp, sold 5,000 shares of common stock.
• The sale was executed at a weighted average price of $41.76 per share, with prices ranging from $41.36 to $42.04.
• Following the transaction, Young directly owns 7,500 shares and indirectly owns 250,477 shares through various entities including a revocable trust, Young Corporation, and as a custodian for his children's accounts.
• Young also indirectly owns 3,488 shares through an IRA.
• Young also owns options to purchase 7,500 shares of common stock, which become exercisable in 20% installments over a five-year period, starting on February 21, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It's neither particularly positive nor negative without additional context.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and 10% owners) trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to concerns about the director's confidence in the company's future.
• However, without further context, it's difficult to determine the actual impact.

Key Dates