Form 4: Southern Missouri Bancorp Director William E. Young Sells Shares
SEC Form 4 Filing
William E. Young, a director of Southern Missouri Bancorp, Inc., sold 3,000 shares of common stock at an average price of $53.23 on May 5, 2025.
Summary
- On May 5, 2025, William E. Young, a director of Southern Missouri Bancorp, Inc. (SMBC), sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $53.23 per share, with prices ranging from $53.01 to $53.52.
- Following the transaction, Young directly owns 1,400 shares and indirectly owns 42,649 shares through a revocable trust, 2,351 shares as custodian for his son, 3,488 shares through an IRA, and 160,000 shares through Young Partners.
- Young also holds options to buy 7,500 shares of common stock at an exercise price of $46.94, which become exercisable in installments starting February 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators to prevent illegal insider trading.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
- The details provided, such as the transaction date, number of shares, price, and relationship to the issuer, are consistent with the requirements for these filings.
- Comparable companies in the banking sector, such as Simmons First National Corporation or Enterprise Financial Services Corp, would also have similar filings when their directors or officers trade company stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | First installment of option vesting. |
| 05/05/2025 | Date of stock sale transaction. |
| 05/06/2025 | Date of signature on the Form 4 filing. |
| 02/21/2033 | Expiration date of the options. |
Keywords
Southern Missouri Bancorp, SMBC, William E. Young, stock sale, Form 4, director, insider trading, beneficial ownership, options
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