Southern Missouri Bancorp grants equity to EVP Cox
Cox Justin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cox Justin reported acquisition or exercise transactions in this Form 4 filing.
Southern Missouri Bancorp EVP Justin Cox reported new equity awards. On February 24, 2026, he received a grant of 2,000 stock options and 750 shares of common stock, both at a price of $0.00 per share as compensation awards.
The stock award is scheduled to vest over five years starting February 9, 2027, based on the company’s annualized return on average assets over 12 prior quarters. The 2,000 options vest in 20% annual installments beginning February 24, 2027. After these grants, Cox directly holds 9,825 common shares and has additional indirect holdings of 13,478.823 shares in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,750 shares
Grant/Award
11 txns
Insider
Cox Justin
Role
EVP-REGIONAL PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 750 | $0.00 | $0.00 |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 19,000 contracts for 17,000 underlying shares (Direct);
Common Stock — 9,825 shares (Direct);
Common Stock — 13,478.823 shares (Indirect, 401(k))
Footnotes (11)
- F1. The shares are scheduled to vest over a five-year period beginning February 9, 2027, with up to 20% of the shares vesting on that date and on each of the next four anniversaries of that date based on the extent to which the Company's annualized return on average assets over the 12 calendar quarters ending immediately prior to the applicable vesting date exceeds a threshold level.
- 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 2/24/27. 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 2/18/26. 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 2/8/25. 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 2/21/24. 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 2/3/23. 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 2/10/22. 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 2/18/21. 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 1/4/20. 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 1/16/19. Each remaining installment vests annually thereafter.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did SMBC executive Justin Cox report on this Form 4?
Justin Cox reported receiving new equity awards. He was granted 2,000 stock options and 750 shares of Southern Missouri Bancorp common stock on February 24, 2026, both at a grant price of $0.00 per share as part of his executive compensation.
How do Justin Cox’s new SMBC stock awards vest over time?
The new awards vest gradually over five years. The 750-share award vests in up to 20% installments annually starting February 9, 2027, based on Southern Missouri Bancorp’s return on average assets, while the 2,000 options vest 20% per year beginning February 24, 2027.
Were Justin Cox’s SMBC equity transactions open-market purchases or compensation grants?
The reported SMBC transactions are compensation grants, not market buys. Both the 2,000 stock options and 750 common shares were coded as awards at a price of $0.00 per share, indicating they are part of Southern Missouri Bancorp’s executive compensation program.
What performance condition applies to Justin Cox’s new SMBC stock award?
The stock award depends on Southern Missouri Bancorp’s profitability metric. Vesting up to 20% annually over five years is based on how much the company’s annualized return on average assets over the 12 calendar quarters before each vesting date exceeds a specified threshold level.
What does the Form 4 say about Justin Cox’s SMBC 401(k) holdings?
The filing shows indirect SMBC ownership through a 401(k) plan. It reports 13,478.823 common shares held indirectly, and notes that this reflects 401(k) contributions that have occurred since Justin Cox’s prior ownership report filed for Southern Missouri Bancorp.
AI-generated analysis. How Rhea-AI works. Not financial advice.
