TURNER WILLIAM V 4
4 · GREAT SOUTHERN BANCORP, INC. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Great Southern Bancorp Director William Turner Exercises Options, Sells 6,000
What Happened
- William V. Turner, a director of Great Southern Bancorp (GSBC), exercised 6,000 option-derived shares at $41.30 per share (total exercise cost $247,800) on January 28, 2026, and sold 6,000 common shares in an open-market transaction the same day at $59.70 per share (gross proceeds $358,187).
- The transactions indicate a same-day exercise followed by sale (cashless/simultaneous sale), realizing approx. $110,387 more in proceeds than the exercise cost.
Key Details
- Transaction date: 2026-01-28; Filing date: 2026-01-29 (timely).
- Exercise details: 6,000 shares at $41.30 = $247,800 (code M — exercise/conversion of derivative).
- Sale details: 6,000 shares sold at $59.70 = $358,187 (open market sale, code S).
- Derivative disposition: filing also shows the derivative (option) disposition tied to the exercise (code M — derivative).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: Reporting person holds units under the issuer’s 401(k) plan (F1); multiple restricted-stock vesting schedules are noted (F2–F11) with vesting dates spanning 2018–2030.
Context
- This appears to be a common cashless exercise pattern: options were exercised and the acquired shares were sold immediately in the open market. Such transactions convert option value to cash and are routine for insiders; they do not by themselves indicate future company performance.
Insider Transaction Report
Form 4
TURNER WILLIAM V
Director
Transactions
- Exercise/Conversion
Common stock
2026-01-28$41.30/sh+6,000$247,800→ 205,112 total - Sale
Common stock
2026-01-28$59.70/sh−6,000$358,187→ 199,112 total - Exercise/Conversion
Option to purchase
[F2]2026-01-28$41.30/sh−6,000$247,800→ 0 totalExercise: $41.30Exp: 2026-10-24→ Common Stock (6,000 underlying)
Holdings
- 8,897(indirect: By 401(k))
Common stock
[F1] - 6,000
Option to purchase
[F3]Exercise: $52.20Exp: 2027-11-15→ Common Stock (6,000 underlying) - 13,000
Option to purchase
[F4]Exercise: $55.00Exp: 2028-11-28→ Common Stock (7,000 underlying) - 20,000
Option to purchase
[F5]Exercise: $60.15Exp: 2029-11-20→ Common stock (7,000 underlying) - 27,500
Option to purchase
[F6]Exercise: $41.74Exp: 2030-10-26→ Common stock (7,500 underlying) - 35,250
Option to purchase
[F7]Exercise: $57.98Exp: 2031-11-17→ Common stock (7,750 underlying) - 43,050
Option to purchase
[F8]Exercise: $61.55Exp: 2032-11-16→ Common stock (7,800 underlying) - 50,850
Option to purchase
[F9]Exercise: $53.22Exp: 2033-11-15→ Common stock (7,800 underlying) - 58,650
Option to purchase
[F10]Exercise: $61.79Exp: 2034-11-20→ Common stock (7,800 underlying) - 66,450
Option to purchase
[F11]Exercise: $57.29Exp: 2035-11-19→ Common stock (7,800 underlying)
Footnotes (11)
- [F1]Reflects reporting person's holdings of units in Issuer's common stock fund under Issuer's 401(k) plan. Number of shares shown as beneficially owned under the plan represents the approximate equivalent number of shares of Issuer's common stock.
- [F10]1,950 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029
- [F11]1,950 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
- [F2]1,500 shares vest on 10/24/2018, 10/24/2019, 10/24/2020 and 10/24/2021
- [F3]1,500 shares vest on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022
- [F4]1,750 shares vest on 11/28/2020, 11/28/2021, 11/28/2022 and 11/28/2023
- [F5]1,750 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024
- [F6]1,875 shares vest on 10/26/2022, 10/26/2023, 10/26/2024 and 10/26/2025
- [F7]1,938 shares vest on 11/17/2023 and 11/17/2024, and 1,937 shares vest on 11/17/2025 and 11/17/2026
- [F8]1,950 shares vest on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027
- [F9]1,950 shares vest on 11/15/2025, 11/15/2026, 11/15/2027 and 11/15/2028
Signature
Matt Snyder, by Power of Attorney from William V. Turner|2026-01-29