Bugh John M 4
Research Summary
AI-generated summary
Great Southern Bancorp (GSBC) VP John M. Bugh Exercises Options, Sells Shares
What Happened
- John M. Bugh, Vice President of a subsidiary of Great Southern Bancorp (GSBC), reported option exercises and a same‑day sale on 2026-04-20. The filing shows an exercise (transaction code M) for 2,500 shares at $41.30 per share (total cost $103,250, listed as "Acquired") and an open‑market sale (S) of 2,500 shares at $67.59 per share (proceeds $168,975). The filing also records a derivative disposition (M) of 2,500 shares at $41.30 (value $103,250) in the same reporting set.
Key Details
- Transaction date: 2026-04-20; Form 4 filed 2026-04-21 (filed the next day, generally timely).
- Option exercise: 2,500 shares at $41.30 → $103,250 (acquired).
- Open‑market sale: 2,500 shares at $67.59 → $168,975 (disposed).
- Derivative disposition: 2,500 shares at $41.30 → $103,250 (listed as disposed).
- Shares owned after the transactions: not provided in the supplied excerpt of the filing.
- Notable footnotes: holdings include 401(k) plan units (F1) and multiple vesting schedules for restricted/awarded shares (F2–F11) with vesting dates through 2030.
Context
- Transaction code M indicates option exercise/derivative conversion; S indicates an open‑market sale. The exercise and sale occurred the same day, which is commonly done to convert option value to cash or to cover exercise costs/taxes (often described as a cashless exercise or simultaneous sale and surrender), but the filing itself does not state the insider’s motive.
- These filings are factual disclosures of insider activity and do not by themselves indicate company performance.