Southern Missouri Bancorp director awarded 400 shares
Southern Missouri Bancorp director David J. Tooley received an equity award of 400 shares of common stock.
Rhea-AI Filing Summary
Southern Missouri Bancorp director David J. Tooley received an equity award of 400 shares of common stock. The Form 4 classifies this as a grant or award acquisition at a price of $0.0000 per share, increasing his directly owned holdings to 51,800 shares after the transaction.
The award is structured as restricted stock that will vest over a five-year period beginning on February 9, 2027. According to the footnote, 20% of the granted shares will vest on that date and on each of the next four anniversaries, creating a long-term, time-based vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 400 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMBC director David J. Tooley report on this Form 4?
How does the restricted stock grant to SMBC director Tooley vest over time?
What does transaction code "A" indicate in David J. Tooley’s SMBC Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.