Great Southern director sells 6,000 shares after exercise
Great Southern Bancorp director William V. Turner exercised options and sold shares of common stock.
Rhea-AI Filing Summary
Great Southern Bancorp director William V. Turner exercised options and sold shares of common stock. On May 18, 2026, he exercised options to acquire 6,000 shares at $52.20 per share and then sold 6,000 shares in an open-market transaction at an average price of $68.3506 per share. After these transactions, he directly held 199,112 shares of common stock and also had indirect exposure to approximately 8,980 shares through the company’s 401(k) plan stock fund. Turner retained multiple outstanding option grants on Great Southern Bancorp common stock with exercise prices ranging from $41.74 to $61.79 and expiration dates between 2028 and 2035, indicating a continuing equity position beyond this exercise-and-sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 6,000 shares ($97K approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
TURNER WILLIAM V
Role
Director
Sold
6,000 shs ($410K)
Approx. gross sale proceeds
$410K
Approx. exercise cost
$313K
Approx. pre-tax spread
$97K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to purchase | 6,000 | $52.20 | $313K |
| Exercise | Common stock | 6,000 | $52.20 | $313K |
| Sale | Common stock | 6,000 | $68.3506 | $410K |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Option to purchase — 60,450 contracts (Direct);
Common stock — 199,112 shares (Direct);
Common stock — 8,980 shares (Indirect, 401(k) Plan)
Footnotes (10)
- F1. Reflects reporting person's holdings of units in Issuer's common stock fund under Issuer's 401(k) plan. Number of shares shown as beneficially owned under the plan represents the approximate equivalent number of shares of Issuer's common stock.
- F2. 1,500 shares vest on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022
- F3. 1,750 shares vest on 11/28/2020, 11/28/2021, 11/28/2022 and 11/28/2023
- F4. 1,750 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024
- F5. 1,875 shares vest on 10/26/2022, 10/26/2023, 10/26/2024 and 10/26/2025
- F6. 1,938 shares vest on 11/17/2023 and 11/17/2024, and 1,937 shares vest on 11/17/2025 and 11/17/2026
- F7. 1,950 shares vest on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027
- F8. 1,950 shares vest on 11/15/2025, 11/15/2026, 11/15/2027 and 11/15/2028
- F9. 1,950 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029
- F10. 1,950 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
Key Figures
Shares sold: 6,000 shares
Sale price: $68.3506 per share
Options exercised: 6,000 shares
+5 more
8 metrics
Shares sold
6,000 shares
Common stock sold on May 18, 2026
Sale price
$68.3506 per share
Average price for 6,000 shares sold
Options exercised
6,000 shares
Common stock acquired via option exercise
Exercise price
$52.20 per share
Strike price of exercised options
Direct holdings after
199,112 shares
Common stock held directly post-transaction
401(k) plan holdings
8,980 equivalent shares
Indirect interest via issuer’s 401(k) stock fund
Remaining option grant
7,800 underlying shares at $57.29
Option expiring November 19, 2035
Remaining option grant
7,500 underlying shares at $41.74
Option expiring October 26, 2030
Key Terms
open-market sale, derivative exercise/conversion, Option to purchase, 401(k) plan, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
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 exercise/conversion financial
"Exercise or conversion of derivative security"
Option to purchase financial
"Option to purchase, underlying security title Common stock"
401(k) plan financial
"holdings of units in Issuer's common stock fund under Issuer's 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
beneficially owned financial
"Number of shares shown as beneficially owned under the plan"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GSBC director William V. Turner report?
William V. Turner reported an option exercise and matching share sale. He exercised options for 6,000 Great Southern Bancorp shares at $52.20, then sold 6,000 shares at an average price of $68.3506 on May 18, 2026.
What options on GSBC stock does William V. Turner still hold?
Turner retains several option grants on Great Southern Bancorp common stock. Remaining grants include options with exercise prices such as $57.29, $61.79 and $41.74, with expiration dates ranging from 2028 through 2035, indicating ongoing derivative-based exposure.
What was the exercise price for the GSBC options William V. Turner exercised?
The exercised options had an exercise price of $52.20 per share for 6,000 underlying Great Southern Bancorp common shares. Following this derivative exercise, the specific option grant shows zero remaining options in that series on the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
