Southern Missouri Bancorp (SMBC) EVP sells 2,000 shares, retains 5,375
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Missouri Bancorp EVP and Chief Lending Officer Richard Windes reported an open-market sale of 2,000 shares of Common Stock at $68.4725 per share. After this transaction on May 21, 2026, he held 5,375 Common shares directly.
Windes also reported indirect ownership of 2,178.491 Common shares through a 401(k) plan, plus multiple stock option awards on Southern Missouri Bancorp common stock with exercise prices ranging from $34.91 to $60.42 per share and expiration dates from February 2030 through February 2035, vesting in 20% installments over five years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($136,945)
Net Sell
8 txns
Insider
Windes Richard
Role
EVP-CHIEF LENDING OFFICER
Sold
2,000 shs ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $68.4725 | $137K |
| 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:
Common Stock — 5,375 shares (Direct, null);
Stock Option (Right to Buy) — 1,500 shares (Direct, null);
Common Stock — 2,178.491 shares (Indirect, 401(k))
Footnotes (1)
- 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. 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. 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. 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. 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. 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: 2,000 shares
Sale price per share: $68.4725 per share
Direct holdings after sale: 5,375 shares
+5 more
8 metrics
Shares sold
2,000 shares
Common Stock sale on May 21, 2026
Sale price per share
$68.4725 per share
Open-market sale of Common Stock
Direct holdings after sale
5,375 shares
Common Stock held directly following transaction
401(k) indirect holdings
2,178.491 shares
Common Stock held indirectly via 401(k)
Option grant 1
2,000 underlying shares at $37.4000
Stock Option, expires February 18, 2030
Option grant 2
3,000 underlying shares at $34.9100
Stock Option, expires February 10, 2031
Option grant 3
2,500 underlying shares at $46.9400
Stock Option, expires February 21, 2033
Option grant 4
1,500 underlying shares at $60.4200
Stock Option, expires February 18, 2035
Key Terms
Stock Option (Right to Buy), open-market sale, 401(k), exercisable in 20% installments, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
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.
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.
exercisable in 20% installments financial
"The options become exercisable in 20% installments over a five-year period"
vesting financial
"first installment vesting on 2/18/26. Each remaining installment vests annually thereafter"
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 transaction did SMBC executive Richard Windes report?
Richard Windes reported selling 2,000 shares of Southern Missouri Bancorp common stock. The Form 4 shows an open-market sale at $68.4725 per share on May 21, 2026, by the EVP and Chief Lending Officer, reducing but not eliminating his direct share position.
How do Richard Windes’ SMBC stock options vest over time?
The stock options vest in 20% installments over a five-year period. Each grant’s first 20% installment vests on a specified February date, with the remaining installments vesting annually thereafter, creating a staggered schedule that ties Windes’ option benefits to continued service.