Southern Missouri (NASDAQ: SMBC) exec sells IRA shares Aug. 18
Rhea-AI Filing Summary
Southern Missouri Bancorp, Inc. (SMBC) executive Mark E. Hecker, EVP-Chief Credit Officer, reported open-market sales of a total of 2,685 shares of common stock on 2026-08-18 from IRA-related indirect holdings at prices around $75.49–$75.61. These sales included 1,600 shares at $75.49, 900 shares at $75.61, and 185 shares at $75.51 from a Spouse IRA, after which that Spouse IRA position was reduced to 0 shares. Hecker continues to hold 10,065 shares directly and 2,052.402 shares indirectly through a 401(k), along with multiple outstanding stock option grants over various expiration dates and exercise prices, including options over 1,500 underlying shares at an exercise price of $62.96 expiring on 2036-02-24.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,685 shares
Net Sell
12 txns
Insider
HECKER MARK E
Role
EVP-CHIEF CREDIT OFFICER
Sold
2,685 shs ($203K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,600 | $75.49 | $121K |
| Sale | Common Stock | 900 | $75.61 | $68K |
| Sale | Common Stock | 185 | $75.51 | $14K |
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F3 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F4 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F6 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,130 shares (Indirect, IRA);
Common Stock — 0 shares (Indirect, Spouse IRA);
Stock Option (Right to Buy) — 14,500 shares (Direct);
Common Stock — 2,052.402 shares (Indirect, 401(k));
Common Stock — 10,065 shares (Direct)
Footnotes (7)
- F1. The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/24/27. Each remaining installment vests annually thereafter.
- F2. The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/18/26. Each remaining installment vests annually thereafter.
- F3. The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/8/25. Each remaining installment vests annually thereafter.
- F4. The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/21/24. Each remaining installment vests annually thereafter.
- F5. The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/3/23. Each remaining installment vests annually thereafter.
- F6. The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/10/22. Each remaining installment vests annually thereafter.
- F7. The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/18/21. Each remaining installment vests annually thereafter.
Key Figures
Shares sold (total): 2,685 shares
Sale price 1: $75.49 per share
Sale price 2: $75.61 per share
+5 more
8 metrics
Shares sold (total)
2,685 shares
Common Stock sales on 2026-08-18 from IRA-related indirect holdings
Sale price 1
$75.49 per share
Sale of 1,600 Common Stock shares on 2026-08-18
Sale price 2
$75.61 per share
Sale of 900 Common Stock shares on 2026-08-18
Sale price 3
$75.51 per share
Sale of 185 Common Stock shares from Spouse IRA on 2026-08-18
Direct common shares held
10,065 shares
Direct ownership of SMBC Common Stock following reported transactions
401(k) common shares held
2,052.402 shares
Indirect ownership of SMBC Common Stock through 401(k)
Option exercise price
$62.96 per share
Stock Option (Right to Buy) over 1,500 underlying SMBC shares expiring 2036-02-24
Option underlying shares
1,500 shares
Underlying Common Stock for option at $62.96 expiring 2036-02-24
Key Terms
Stock Option (Right to Buy), IRA, 401(k), underlying security title
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
IRA financial
"nature_of_ownership: "IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
401(k) financial
"nature_of_ownership: "401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
underlying security title financial
"underlying_security_title: "Common Stock""
FAQ
What insider transaction did SMBC executive Mark E. Hecker report on this Form 4?
Mark E. Hecker reported sales of 2,685 SMBC common shares on 2026-08-18 from IRA-related indirect accounts. The trades were reported as open-market or private transactions at prices around $75.49–$75.61, affecting IRA and Spouse IRA holdings.
What SMBC stock options does Mark E. Hecker currently hold according to this Form 4?
Hecker reports several Stock Option (Right to Buy) positions over SMBC common stock, including options on 1,500 underlying shares at an exercise price of $62.96 expiring 2036-02-24, with additional grants at other exercise prices and expirations through 2030–2035.
Are the reported SMBC sales by Mark E. Hecker made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that these trades were executed under a Rule 10b5-1 trading plan. The transactions are disclosed simply as open-market or private sales.
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