STEINERT EARL A JR 4
Accession 0001214659-26-001190
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:33 PM ET
Size
18.7 KB
Accession
0001214659-26-001190
Research Summary
AI-generated summary of this filing
GSBC Director Earl Steinert Exercises Options, Sells Shares
What Happened Earl A. Steinert Jr., a director of Great Southern Bancorp, exercised stock-derived awards on Feb 4, 2026 (1,000 shares at $41.74 and 500 shares at $53.22) for a total exercise cost of $68,350, and reported an open-market sale of 1,500 shares at $63.49 for proceeds of $95,240. The filing also reports dispositions of the same derivative shares, indicating the exercised shares were sold or used to satisfy obligations tied to the exercise.
Key Details
- Transaction date: 2026-02-04.
- Exercises (code M): 1,000 shares @ $41.74 = $41,740; 500 shares @ $53.22 = $26,610. Total exercised = 1,500 shares; total cost = $68,350.
- Sale (code S): 1,500 shares sold open market @ $63.49 = $95,240.
- Derivative dispositions: matching 1,000 and 500 share derivative disposals reported (likely tied to the exercise).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: No late-filing flag noted in the provided data.
Context
- This appears to be an option/derivative exercise with immediate sale of the resulting shares (often called a cashless exercise or sell-to-cover), as the exercised shares and derivative disposals match the sold shares.
- Footnotes F1–F7 in the filing show multiple separate grant vesting schedules (500-share tranches vesting across 2021–2030), indicating the exercised awards likely originated from previously granted, time-vested awards. These vesting schedules are informational about remaining awards and do not change interpretation of the Feb 4 transactions.
- The activity is factual reporting of insider transactions; it does not by itself indicate the director’s view of the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Common stock
2026-02-04$41.74/sh+1,000$41,740→ 940,596 total - Exercise/Conversion
Common stock
2026-02-04$53.22/sh+500$26,610→ 941,096 total - Sale
Common stock
2026-02-04$63.49/sh−1,500$95,240→ 939,596 total - Exercise/Conversion
Option to purchase
[F2]2026-02-04$41.74/sh−1,000$41,740→ 2,000 totalExercise: $41.74Exp: 2030-10-26→ Common stock (1,000 underlying) - Exercise/Conversion
Option to purchase
[F5]2026-02-04$53.22/sh−500$26,610→ 7,500 totalExercise: $53.22Exp: 2033-11-15→ Common stock (2,000 underlying)
- 2,000
Option to purchase
[F1]Exercise: $60.15Exp: 2029-11-20→ Common stock (2,000 underlying) - 4,000
Option to purchase
[F3]Exercise: $57.98Exp: 2031-11-17→ Common stock (2,000 underlying) - 6,000
Option to purchase
[F4]Exercise: $61.55Exp: 2032-11-16→ Common stock (2,000 underlying) - 9,500
Option to purchase
[F6]Exercise: $61.79Exp: 2034-11-20→ Common stock (2,000 underlying) - 11,500
Option to purchase
[F7]Exercise: $57.29Exp: 2035-11-19→ Common stock (2,000 underlying)
Footnotes (7)
- [F1]500 shares vest on 11/20/2021, 11/20/2022, 11/20/2023 and 11/20/2024
- [F2]500 shares vest on 10/26/2024, 10/26/2025
- [F3]500 shares vest on 11/17/2023, 11/17/2024, 11/17/2025 and 11/17/2026
- [F4]500 shares vest on 11/16/2024, 11/16/2025, 11/16/2026 and 11/16/2027
- [F5]500 shares vest on 11/15/2025, 11/15/2026, 11/15/2027 and 11/15/2028
- [F6]500 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029
- [F7]500 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
Signature
Documents
Issuer
GREAT SOUTHERN BANCORP, INC.
CIK 0000854560
Related Parties
1- filerCIK 0001284362
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 5:33 PM ET
- Size
- 18.7 KB