Form 4: Southern Missouri Bancorp Executive Sells Shares and Reports 401(k) Contributions
SEC Form 4
Brett Dorton, EVP-Chief Strategies Officer of Southern Missouri Bancorp, sold 240 shares of common stock at $52.28 per share and reported 401(k) contributions.
Summary
- On August 2, 2024, Brett Dorton, the EVP-Chief Strategies Officer of Southern Missouri Bancorp, sold 240 shares of common stock at a price of $52.28 per share.
- The filing also reflects 401(k) contributions that have occurred since the date of the reporting person's last ownership report, resulting in a reported 4,385.09 shares held indirectly.
- Dorton also holds multiple stock options with varying exercise prices and vesting schedules.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports a routine stock sale and 401(k) contributions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future stock performance.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although the quantity is small.
- The reporting of 401(k) contributions has a neutral impact.
Key Dates
| Date | Description |
|---|---|
| 01/04/2029 | Expiration date for some stock options |
| 02/18/2030 | Expiration date for some stock options |
| 02/10/2031 | Expiration date for some stock options |
| 02/03/2032 | Expiration date for some stock options |
| 02/21/2033 | Expiration date for some stock options |
| 02/08/2034 | Expiration date for some stock options |
| 08/02/2024 | Date of common stock sale |
| 08/05/2024 | Date of Form 4 filing |
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