Director at Southern Missouri Bancorp (SMBC) granted 400 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McClain David L reported acquisition or exercise transactions in this Form 4 filing.
Southern Missouri Bancorp director David L. McClain reported an award of 400 shares of restricted common stock on February 24, 2026, at no cash cost. The restricted shares are scheduled to vest over five years beginning on February 9, 2027, with 20% vesting each year.
After this grant, McClain directly holds 1,821 shares of common stock. The filing also shows a separate direct holding of 7,500 common shares as of the same date, with no new transaction reported for that block.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClain David L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 400 | $0.00 | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,821 shares (Direct);
Common — 7,500 shares (Direct)
Footnotes (1)
- Grant of restricted stock. The shares are scheduled to vest over a five-year period beginning February 9, 2027, with 20% of the shares vesting on that date and on each of the next four anniversaries of that date. The options become exercisable in 20% installments over a five-year period with the first installment vesting on February 21, 2024. Each remaining installment vests annually thereafter.
FAQ
What did Southern Missouri Bancorp (SMBC) disclose in David McClain's latest Form 4?
Southern Missouri Bancorp disclosed that director David L. McClain received an award of 400 shares of restricted common stock on February 24, 2026. The filing also reports his updated direct ownership levels in the company’s common shares following this equity grant.
Does the SMBC Form 4 show any stock sales by David McClain?
The Form 4 does not report any stock sales by David McClain. It records an acquisition via a 400-share restricted stock award and provides updated direct ownership figures, including 1,821 shares following the grant and a separate 7,500-share holding listed as a position.
What kind of transaction code is used for David McClain's SMBC restricted stock grant?
The transaction is reported with code “A,” indicating a grant, award, or other acquisition of securities. This code reflects that McClain received 400 restricted shares of Southern Missouri Bancorp common stock as an equity award rather than an open-market purchase.