GREAT SOUTHERN BANCORP, INC.·4

May 4, 4:35 PM ET

Maples Mark A 4

Research Summary

AI-generated summary

Updated

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.