Great Southern Bancorp director sells 4,500 shares
Great Southern Bancorp director Earl A. Steinert Jr. reported an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
Great Southern Bancorp director Earl A. Steinert Jr. reported an exercise-and-sell transaction in company stock. He exercised options to acquire a total of 4,500 shares of common stock at exercise prices of $61.55, $57.98, and $60.15 per share, and sold 4,500 shares in an open-market transaction at an average price of $71.6157 per share.
Following these transactions, he directly owns 939,596 shares of common stock. He also retains stock options linked to 5,500 underlying shares with exercise prices of $53.22, $57.29, and $61.79 per share, expiring between 2033 and 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,500 shares ($53K approx. pre-tax spread)
Exercise and Sale
10 txns
Insider
STEINERT EARL A JR
Role
Director
Sold
4,500 shs ($322K)
Approx. gross sale proceeds
$322K
Approx. exercise cost
$269K
Approx. pre-tax spread
$53K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to purchase | 2,000 | $60.15 | $120K |
| Exercise | Option to purchase | 1,500 | $57.98 | $87K |
| Exercise | Option to purchase | 1,000 | $61.55 | $62K |
| Exercise | Common stock | 2,000 | $60.15 | $120K |
| Exercise | Common stock | 1,500 | $57.98 | $87K |
| Exercise | Common stock | 1,000 | $61.55 | $62K |
| Sale | Common stock | 4,500 | $71.6157 | $322K |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
| holding | Option to purchase | -- | -- | -- |
Holdings After Transaction:
Option to purchase — 7,500 contracts for 5,500 underlying shares (Direct);
Common stock — 939,596 shares (Direct)
Footnotes (6)
- F1. 500 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024
- F2. 500 shares vest on 11/17/2023, 11/17/2024, 11/17/2025 and 11/17/2026
- F3. 500 shares vest on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027
- F4. 500 shares vest on 11/15/2026, 11/15/2027 and 11/15/2028
- F5. 500 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029
- F6. 500 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
Key Figures
Shares sold: 4,500 shares
Sale price: $71.6157 per share
Post-transaction holdings: 939,596 shares
+5 more
8 metrics
Shares sold
4,500 shares
Common stock open-market sale on 2026-05-26
Sale price
$71.6157 per share
Average price for 4,500-share sale
Post-transaction holdings
939,596 shares
Direct common stock ownership after transactions
Options exercised
4,500 shares
Total shares from three option exercises
Option exercise prices
$61.55, $57.98, $60.15
Exercise prices for 4,500 exercised shares
Remaining option underlyings
5,500 shares
Underlying common shares in unexercised options
Remaining option exercise prices
$53.22, $57.29, $61.79
Exercise prices of derivative positions outstanding
Option expirations
2033–2035
Expiration dates of remaining options
Key Terms
open-market sale, derivative exercise/conversion, Option to purchase, underlying security shares, +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
"transaction_action": "derivative exercise/conversion""
Option to purchase financial
"security_title": "Option to purchase""
vesting financial
"500 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Earl A. Steinert Jr. report in this GSBC Form 4 filing?
He reported exercising stock options for 4,500 shares and selling 4,500 shares of Great Southern Bancorp common stock in an open-market transaction, while maintaining a large remaining direct ownership position and additional unexercised options.
At what prices were the GSBC stock options exercised by the director?
He exercised three option grants into 4,500 GSBC shares at exercise prices of $61.55, $57.98, and $60.15 per share, according to the non-derivative transactions coded as derivative exercises on the Form 4.
What GSBC stock options does Earl A. Steinert Jr. still hold after this Form 4?
He retains options tied to 5,500 underlying GSBC common shares, with exercise prices of $53.22, $57.29, and $61.79 per share, and expiration dates ranging from 2033 to 2035, as detailed in the derivative holdings summary.
Is this GSBC Form 4 primarily a stock sale or an option exercise event?
It combines both, showing an exercise-and-sell pattern. The director exercised options for 4,500 shares and sold 4,500 shares, while still holding significant direct ownership and remaining unexercised stock options in Great Southern Bancorp.
AI-generated analysis. How Rhea-AI works. Not financial advice.
