Maples Mark A 4
4 · GREAT SOUTHERN BANCORP, INC. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
GREAT SOUTHERN (GSBC) VP Mark Maples Exercises Options, Sells Shares
What Happened
- Mark A. Maples, Vice President of a subsidiary of Great Southern Bancorp (GSBC), exercised options to acquire 2,387 shares (1,187 shares at $57.98 and 1,200 shares at $61.55) for a total exercise cost of $142,682, then disposed of 2,387 shares on 2026-05-01.
- He sold 2,387 shares in the open market at $68.95 per share for gross proceeds of $164,596. The filing also shows derivative disposals equal to the exercise amounts, consistent with shares being withheld/surrendered to cover exercise costs and/or tax withholding.
- This sequence (exercise then immediate sale / sell-to-cover) is a liquidity transaction rather than a straightforward buy signal; the open‑market sale produced gross proceeds exceeding the exercise cost by $21,914 (before fees and taxes).
Key Details
- Transaction date: 2026-05-01. Filing date: 2026-05-04 (filed within normal Form 4 timing).
- Exercises (acquired): 1,187 shares @ $57.98 = $68,822; 1,200 shares @ $61.55 = $73,860 (total acquired 2,387 shares; total cost $142,682).
- Sale (open market): 2,387 shares @ $68.95 = $164,596.
- Derivative disposals (sell-to-cover/withholding): amounts equal to the exercise costs ($68,822 and $73,860) are reported as disposed.
- Shares owned after the transaction: not reported in the Form 4 provided.
- Notable footnotes: multiple vesting schedules are listed for related awards (see filing). Vesting dates span Nov 2025 through Nov 2030 (see footnotes F1–F5).
Context
- This is an option exercise plus immediate disposition (cashless/sell‑to‑cover style) rather than a straightforward purchase; such transactions are commonly used to cover strike price and tax obligations.
- The filing shows routine insider liquidity rather than a new buy; factual numbers are provided so investors can assess size and timing.
Insider Transaction Report
Form 4
Maples Mark A
Other
Transactions
- Exercise/Conversion
Common Stock
2026-05-01$57.98/sh+1,187$68,822→ 1,187 total - Exercise/Conversion
Common Stock
2026-05-01$61.55/sh+1,200$73,860→ 2,387 total - Sale
Common Stock
2026-05-01$68.95/sh−2,387$164,596→ 0 total - Exercise/Conversion
Option to purchase
[F1]2026-05-01$57.98/sh−1,187$68,822→ 1,187 totalExercise: $57.98Exp: 2031-11-17→ Common stock (2,374 underlying) - Exercise/Conversion
Option to purchase
[F2]2026-05-01$61.55/sh−1,200$73,860→ 3,587 totalExercise: $61.55Exp: 2032-11-16→ Common stock (3,600 underlying)
Holdings
- 7,187
Option to purchase
[F3]Exercise: $53.22Exp: 2033-11-15→ Common stock (3,600 underlying) - 11,987
Option to purchase
[F4]Exercise: $61.79Exp: 2034-11-20→ Common stock (4,800 underlying) - 16,787
Option to purchase
[F5]Exercise: $57.29Exp: 2035-11-19→ Common stock (4,800 underlying)
Footnotes (5)
- [F1]1,187 shares vest on 11/17/2025 and 11/17/2026
- [F2]1,200 shares vest on 11/16/2025, 11/16/2026 and 11/16/2027
- [F3]1,200 shares vest on 11/15/2026, 11/15/2027 and 11/15/2028
- [F4]1,200 shares vest on 11/20/2026, 11/20/2027, 11/20/2028 and 11/20/2029
- [F5]1,200 shares vest on 11/19/2027, 11/19/2028, 11/19/2029 and 11/19/2030
Signature
Matt Snyder, by Power of Attorney from Mark A Maples|2026-05-04