Great Southern treasurer sells 2,950 shares after exercises
GREAT SOUTHERN BANCORP, INC. treasurer Rex A. Copeland reported option exercises and related stock sales.
Rhea-AI Filing Summary
GREAT SOUTHERN BANCORP, INC. treasurer Rex A. Copeland reported option exercises and related stock sales. On April 30 and May 1, he exercised options for a total of 4,200 common shares at $52.20 per share and sold 2,950 shares in open-market transactions at prices of $68.25 and $68.77 per share.
After these transactions, he directly holds 25,921 common shares. He also continues to hold multiple “option to purchase” awards covering a total of 22,450 underlying common shares with exercise prices between $41.74 and $61.55 and expiration dates ranging from 2028 to 2032, according to the remaining derivative positions disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
COPELAND REX A
Role
Treasurer
Sold
2,950 shs ($202K)
Approx. gross sale proceeds
$202K
Approx. exercise cost
$219K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to purchase | 1,250 | $52.20 | $65K |
| Exercise | Option to purchase | 914 | $52.20 | $48K |
| Exercise | Common stock | 1,250 | $52.20 | $65K |
| Exercise | Common stock | 914 | $52.20 | $48K |
| Sale | Common stock | 914 | $68.77 | $63K |
| Exercise | Option to purchase | 2,036 | $52.20 | $106K |
| Exercise | Common stock | 2,036 | $52.20 | $106K |
| Sale | Common stock | 2,036 | $68.25 | $139K |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
Holdings After Transaction:
Option to purchase — 22,450 contracts (Direct);
Common stock — 25,921 shares (Direct)
Footnotes (6)
- F1. 1,050 shares vest on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022
- F2. 1,050 shares vest on 11/28/2020, 11/28/2021, 11/28/2022 and 11/28/2023
- F3. 1,050 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024
- F4. 1,125 shares vest on 10/26/2022, 10/26/2023, 10/26/2024 and 10/26/2025
- F5. 1,188 shares vest on 11/17/2023 and 11/17/2024 and 1,187 shares vest on 11/17/2025 and 11/17/2026
- F6. 1,200 shares vdst on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027
Key Figures
Shares sold: 2,950 shares
Sale prices: $68.25 and $68.77 per share
Options exercised: 4,200 shares at $52.20
+4 more
7 metrics
Shares sold
2,950 shares
Open-market sales on April 30 and May 1
Sale prices
$68.25 and $68.77 per share
Common stock sales coded “S”
Options exercised
4,200 shares at $52.20
Derivative exercises coded “M”
Shares owned after
25,921 shares
Direct common stock holdings post-transaction
Remaining option overhang
22,450 underlying shares
Unexercised options disclosed in derivative summary
Option exercise prices
$41.74–$61.55
Strike prices on remaining options
Option expirations
2028–2032
Expiration dates on remaining options
Key Terms
open-market sale, derivative security, exercise price, expiration date, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price": "52.2000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2032-11-16T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest financial
"1,050 shares vest on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GSBC treasurer Rex Copeland report?
Rex A. Copeland reported exercising stock options and selling shares. He exercised options for 4,200 common shares at $52.20 and sold 2,950 shares in open-market trades at $68.25 and $68.77, according to the Form 4 disclosure.
At what price did the GSBC treasurer exercise his stock options?
He exercised stock options at an exercise price of $52.20 per share. The Form 4 shows multiple option-to-purchase awards converted into 4,200 common shares at this price as part of derivative security exercises coded with transaction code “M.”
What stock options does the GSBC treasurer still hold after this Form 4?
He continues to hold several option awards on GSBC common stock. These options cover 22,450 underlying shares with exercise prices from $41.74 to $61.55 and expiration dates between 2028 and 2032, as shown in the remaining derivative position table.
Is the GSBC treasurer’s Form 4 mainly option exercises or sales?
The filing shows both option exercises and share sales. He exercised options for 4,200 shares at $52.20 and sold 2,950 shares in open-market transactions, leaving 25,921 shares owned directly and multiple unexercised option grants outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
