Great Southern Bancorp Form 4: Directors small DRIP buy and option holdings detailed

Rhea-AI Filing Summary

Douglas M. Pitt, a director of Great Southern Bancorp (GSBC), reported a voluntary DRIP acquisition of 55 common shares on 07/15/2025 at $60.6632 per share. After the reported transaction he beneficially owns 11,422 common shares directly. The filing also discloses outstanding stock options covering 16,000 common shares exercisable on dates between 11/15/2019 and 11/20/2034 with exercise prices ranging from $41.74 to $61.79. Vesting schedules are noted in 500-share tranches for each option series. The DRIP is identified as exempt from Section 16 reporting and is being reported voluntarily.

Positive

• Voluntary DRIP purchase reported, indicating continued participation in the companys dividend reinvestment plan
• Substantial equity exposure: beneficial ownership of 11,422 shares plus options for 16,000 shares, aligning director incentives with shareholders
• Staggered vesting schedules on options provide multi-year retention and incentive alignment

Negative

• None.

Insights

Securities Analyst

TL;DR: Small voluntary DRIP purchase; meaningful combined equity and option exposure aligns director with shareholder outcomes.

The reported 55-share DRIP purchase is immaterial on its own but signals continued participation in the companys dividend reinvestment plan. More consequential is the directors aggregate position: 11,422 shares plus options for 16,000 shares across multiple exercise prices from $41.74 to $61.79. That option portfolio creates multi-year incentive alignment and potential dilution if exercised, but no dispositions or unusual accelerations are disclosed. Overall, the transaction is routine and provides limited incremental market signal.

Corporate Governance Expert

TL;DR: Voluntary reporting and staggered vesting emphasize standard long-term incentive design, not a material governance concern.

The Form 4 shows standard equity compensation mechanics: periodic vesting in 500-share tranches and multiple option grants with multi-year expirations. The voluntary disclosure of a DRIP acquisition is consistent with transparent governance practices. There are no reported sales, loans, or transfers that would raise governance flags. The option schedule and direct ownership suggest typical CEO/director alignment without any disclosed related-party or indirect ownership complexities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pitt Douglas M

(Last) (First) (Middle)

CARE OF GREAT SOUTHERN BANK

218 S. GLENSTONE AVE

(Street)

SPRINGFIELD MO 65802

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GREAT SOUTHERN BANCORP, INC. [ GSBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	07/15/2025		J(1)	V	55	A	$60.6632	11,422	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to purchase	$52.2							(2)	11/15/2027	Common stock	2,000		2,000	D
Option to purchase	$55							(3)	11/28/2028	Common stock	2,000		4,000	D
Option to purchase	$60.15							(4)	11/20/2029	Common stock	2,000		6,000	D
Option to purchase	$41.74							(5)	10/26/2030	Common stock	2,000		8,000	D
Option to purchase	$57.98							(6)	11/17/2031	Common stock	2,000		10,000	D
Option to purchase	$61.55							(7)	11/16/2032	Common stock	2,000		12,000	D
Option to purchase	$53.22							(8)	11/15/2033	Common stock	2,000		14,000	D
Option to purchase	$61.79							(9)	11/20/2034	Common stock	2,000		16,000	D

Explanation of Responses:

1. DRIP acquisition exempt from Section 16 reporting being reported voluntarily

2. 500 shares vest on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022

3. 500 shares vest on 11/28/2020, 11/28/2021, 11/28/2022 and 11/28/2023

4. 500 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024

5. 500 shares vest on 10/26/2022, 10/26/2023, 10/26/2024 and 10/26/2025

6. 500 shares vest on 11/17/2023, 11/17/2024, 11/17/2025 and 11/17/2026

7. 500 shares vest on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027

8. 500 shares vest on 11/15/2025, 11/15/2026, 11/15/2027 and 11/15/2028

9. 500 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029

Remarks:

	Matt Snyder, by Power of Attorney from Douglas M. Pitt	08/13/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Douglas M. Pitt report on Form 4 for GSBC?

The Form 4 reports a voluntary DRIP acquisition of 55 common shares on 07/15/2025 at $60.6632 per share.

How many GSBC shares does Douglas M. Pitt beneficially own after the reported transaction?

After the reported transaction he beneficially owns 11,422 common shares directly.

What option holdings does the Form 4 disclose for Douglas M. Pitt?

The filing discloses outstanding options covering 16,000 common shares with exercise prices from $41.74 to $61.79 and exercisable on dates between 11/15/2019 and 11/20/2034.

Was the DRIP acquisition reported as exempt from Section 16 reporting?

Yes, the filing states the DRIP acquisition is exempt from Section 16 reporting and is being reported voluntarily.

Did the Form 4 report any dispositions or other unusual transactions?

No dispositions or other unusual transactions are reported; the filing shows an acquisition via DRIP and existing option holdings only.