Form 4: Southern Missouri Bancorp Director William Young Sells Shares

Director William Young of Southern Missouri Bancorp sold 3,000 shares of common stock at an average price of $59.90 on October 31, 2024.

Summary

• On October 31, 2024, 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 $59.90 per share, with prices ranging from $59.64 to $60.15.
• Following the transaction, Young directly owns 1,000 shares and indirectly owns 48,649 shares through a revocable trust, 160,000 shares through Young Partners, 3,488 shares through an IRA, and 2,351 shares as custodian for his son.
• 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 2033.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of a stock sale by a director. The size of the sale is not significant enough to indicate a strong negative or positive outlook.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects. While a sale doesn't necessarily indicate a negative outlook, it can sometimes raise questions.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies.
• Form 4 filings are a standard part of regulatory compliance.
• The size of the transaction (3,000 shares) is relatively small compared to the total shares outstanding of Southern Missouri Bancorp.
• Comparable companies would include other regional banks, and their insider trading activity can be compared through similar Form 4 filings.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, but the effect is likely to be minimal given the small size of the transaction.

Key Dates