Southern Missouri Bancorp officer exercises 4,000 options
Southern Missouri Bancorp EVP‑Chief Credit Officer Mark E. Hecker exercised employee stock options for 4,000 shares of common stock on July 29, 2026, including 2,000 shares at $37.31 per share and 2,000 shares at $34.35 per share.
Rhea-AI Filing Summary
Southern Missouri Bancorp EVP‑Chief Credit Officer Mark E. Hecker exercised employee stock options for 4,000 shares of common stock on July 29, 2026, including 2,000 shares at $37.31 per share and 2,000 shares at $34.35 per share.
The aggregate $143,320 exercise price was satisfied by delivering 1,830 previously owned shares to the issuer at an implied price of $78.31 per share plus $13 in cash. He also reports indirect holdings of 2052.6630 shares in a 401(k), 10,630 in an IRA and 185 in a spouse IRA, and continues to hold multiple option awards with exercise prices between $34.91 and $62.96.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Exercise
15 txns
Insider
HECKER MARK E
Role
EVP-CHIEF CREDIT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 2,000 | $34.35 | $69K |
| Exercise | Stock Option (Right to Buy) F4 | 2,000 | $37.31 | $75K |
| Exercise | Common Stock F1 | 2,000 | $37.31 | $75K |
| Exercise | Common Stock F1 | 2,000 | $34.35 | $69K |
| Disposition | Common Stock F1 | 1,830 | $78.31 | $143K |
| holding | Stock Option (Right to Buy) F5 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F6 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F7 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F8 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F10 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F11 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,500 contracts (Direct);
Common Stock — 10,065 shares (Direct);
Common Stock — 2,052.663 shares (Indirect, 401(k));
Common Stock — 10,630 shares (Indirect, IRA);
Common Stock — 185 shares (Indirect, Spouse IRA)
Footnotes (11)
- F1. On July 29, 2026, the Reporting Person exercised employee stock options to purchase an aggregate of 4,000 shares of the Issuer's common stock, consisting of options to purchase 2,000 shares at an exercise price of $37.31 per share and options to purchase 2,000 shares at an exercise price of $34.35 per share. The aggregate exercise price of $143,320 was paid through the delivery to the Issuer of 1,830 shares of common stock previously owned by the Reporting Person having an aggregate fair market value of $143,307, together with a cash payment of $13. The surrendered shares are reported in Table I as a disposition.
- F2. Reflects 401(k) contributions that have occurred since the date of the reporting person's last ownership report.
- F3. The options become exercisable in 20% installments over a five year period with the first installment vesting on 1/4/20. 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 1/16/19. 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 2/24/27. 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 2/18/26. 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 2/8/25. Each remaining installment vests annually thereafter.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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
Options exercised: 4,000 shares
Exercise prices: $37.31 and $34.35 per share
Aggregate exercise price: $143,320
+5 more
8 metrics
Options exercised
4,000 shares
Aggregate employee stock options exercised on July 29, 2026
Exercise prices
$37.31 and $34.35 per share
Per-share exercise prices for 2,000 options each
Aggregate exercise price
$143,320
Total cost to exercise 4,000 options
Shares surrendered
1,830 shares
Previously owned shares delivered to issuer to pay exercise price
401(k) holdings
2052.6630 shares
Indirect common stock held through a 401(k) plan
IRA holdings
10,630 shares
Indirect common stock held through an IRA
Spouse IRA holdings
185 shares
Indirect common stock held through a spouse IRA
Largest remaining option grant
3,000 underlying shares at $34.91
Stock option expiring February 10, 2031
Key Terms
Stock Option (Right to Buy), Disposition to issuer, exercise price, 401(k), +1 more
5 terms
Stock Option (Right to Buy) financial
"Reporting of Stock Option (Right to Buy) awards and exercises."
Disposition to issuer financial
"The surrendered shares are reported in Table I as a disposition."
exercise price financial
"Options to purchase 2,000 shares at an exercise price of $37.31 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
401(k) financial
"Reflects 401(k) contributions since the reporting person's last ownership report."
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.
IRA financial
"Indirect ownership includes common stock held in an IRA and spouse 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMBC executive Mark E. Hecker report?
Mark E. Hecker, EVP‑Chief Credit Officer of Southern Missouri Bancorp, exercised employee stock options for 4,000 shares of common stock on July 29, 2026, then delivered 1,830 previously owned shares, valued at about $78.31 each, plus $13 cash to cover the $143,320 exercise price.
How were the SMBC stock options exercised by Mark E. Hecker priced?
The exercise involved options to purchase 2,000 shares at an exercise price of $37.31 per share and another 2,000 shares at $34.35 per share, for a combined exercise cost of $143,320, which was largely funded with 1,830 surrendered shares.
How did Mark E. Hecker fund the $143,320 option exercise reported for SMBC?
Hecker funded the $143,320 exercise price primarily by delivering 1,830 previously owned Southern Missouri Bancorp shares to the issuer, with those shares having an aggregate fair market value of about $143,307, and by making an additional small cash payment of $13.
What indirect Southern Missouri Bancorp (SMBC) holdings does Mark E. Hecker report?
Hecker reports indirect ownership of 2052.6630 SMBC shares through a 401(k), 10,630 shares held in an IRA, and 185 shares in a spouse IRA, in addition to directly held shares and stock option awards, indicating exposure across multiple retirement-related accounts.
Does Mark E. Hecker’s SMBC Form 4 indicate use of a Rule 10b5‑1 trading plan?
No. The Rule 10b5‑1 checkbox is not marked, so the reported transactions are not affirmed as occurring under a Rule 10b5‑1 trading plan; instead, the filing describes a single option exercise funded by delivery of previously owned shares and a small cash payment.
What stock option awards remain outstanding for Mark E. Hecker at SMBC?
Hecker continues to hold several "Stock Option (Right to Buy)" awards on SMBC common stock, each covering 1,500–3,000 underlying shares, with exercise prices ranging from $34.91 to $62.96 per share and expiration dates between 2030 and 2036, subject to stated vesting schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
