GSBC (GSBC) executive exercises 2,387 options and sells all direct shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREAT SOUTHERN BANCORP, INC. vice president of a subsidiary Mark A. Maples reported option exercises and a related stock sale. On May 1, 2026, he exercised options to acquire a total of 2,387 shares of common stock at exercise prices of $61.55 and $57.98 per share, then completed an open-market sale of 2,387 shares at $68.955 per share. Following these transactions, his directly held common stock balance was 0 shares, while he continued to hold stock options covering 13,200 underlying shares of common stock at exercise prices between $53.22 and $61.79, with expirations from 2033 to 2035. Footnotes show these remaining options vest in annual installments between 2025 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,387 shares ($164,596)
Net Sell
8 txns
Insider
Maples Mark A
Role
null
Sold
2,387 shs ($165K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to purchase | 1,187 | $57.98 | $69K |
| Exercise | Option to purchase | 1,200 | $61.55 | $74K |
| Exercise | Common Stock | 1,187 | $57.98 | $69K |
| Exercise | Common Stock | 1,200 | $61.55 | $74K |
| Sale | Common Stock | 2,387 | $68.955 | $165K |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
Holdings After Transaction:
Option to purchase — 1,187 shares (Direct, null);
Common Stock — 1,187 shares (Direct, null)
Footnotes (1)
- 1,187 shares vest on 11/17/2025 and 11/17/2026 1,200 shares vest on 11/16/2025, 11/16/2026 and 11/16/2027 1,200 shares vest on 11/15/2026, 11/15/2027 and 11/15/2028 1,200 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029 1,200 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
Key Figures
Shares sold: 2,387 shares
Sale price: $68.955/share
Options exercised (block 1): 1,200 shares at $61.55
+5 more
8 metrics
Shares sold
2,387 shares
Open-market sale of common stock on May 1, 2026
Sale price
$68.955/share
Price for 2,387 common shares sold
Options exercised (block 1)
1,200 shares at $61.55
Derivative exercise of options into common stock
Options exercised (block 2)
1,187 shares at $57.98
Derivative exercise of options into common stock
Post-transaction common stock
0 shares
Directly held GSBC common stock after sale
Remaining options (57.29)
4,800 underlying shares
Option to purchase at $57.29, expiring Nov 19, 2035
Remaining options (61.79)
4,800 underlying shares
Option to purchase at $61.79, expiring Nov 20, 2034
Remaining options (53.22)
3,600 underlying shares
Option to purchase at $53.22, expiring Nov 15, 2033
Key Terms
open-market sale, derivative exercise/conversion, Option to purchase, Common stock, +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 exercise/conversion financial
"transaction_action: derivative exercise/conversion"
Option to purchase financial
"security_title: Option to purchase"
Common stock financial
"underlying_security_title: Common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"1,200 shares vest on 11/16/2025, 11/16/2026 and 11/16/2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Mark A. Maples report for GREAT SOUTHERN BANCORP (GSBC)?
Mark A. Maples reported exercising options for 2,387 GSBC common shares and selling 2,387 shares in an open-market transaction. These actions converted option-based compensation into cash while eliminating his directly held common stock position reported in this filing.
What option exercises did Mark A. Maples complete in this GSBC Form 4 filing?
He exercised options to acquire 1,200 GSBC shares at $61.55 per share and 1,187 shares at $57.98 per share. These derivative exercises converted part of his option awards into common stock before the reported open-market sale.
Does Mark A. Maples still hold GREAT SOUTHERN BANCORP (GSBC) common stock after these transactions?
After the reported sale, his directly held GSBC common stock balance in the filing is 0 shares. However, he continues to hold stock options that are exercisable for underlying common shares, subject to future vesting and expiration dates.
What GSBC stock options does Mark A. Maples retain after these transactions?
He retains options over 13,200 GSBC underlying common shares, with exercise prices of $57.29, $61.79, and $53.22. These options expire between November 2033 and November 2035 and vest in annual tranches from 2025 through 2030.
How do the vesting schedules affect Mark A. Maples’s remaining GSBC options?
Footnotes state tranches of 1,187 or 1,200 GSBC shares vest on specified November dates from 2025 through 2030. This means his ability to exercise remaining options increases gradually over several years as each annual installment vests.