TURNER WILLIAM V 4

What Happened

William V. Turner, a director of Great Southern Bancorp, Inc. (GSBC), exercised 6,000 derivative securities (options) on 2026-05-18 at an exercise price of $52.20 per share (total cost $313,200). On the same day he sold 6,000 shares in an open-market transaction at $68.35 per share, generating gross proceeds of $410,104. The filing also shows the derivative position tied to the exercised options was recorded as disposed.

Key Details

• Transaction date: 2026-05-18
• Exercise: 6,000 shares at $52.20, total cost $313,200 (code M)
• Sale: 6,000 shares at $68.35, total proceeds $410,104 (code S)
• Net difference (sale proceeds minus exercise cost): approximately $96,904 (before fees/taxes)
• Shares owned after transaction: not specified in the provided excerpt of the filing
• Footnotes in the filing (F1–F10) note holdings in the issuer’s 401(k) plan (F1) and multiple scheduled vesting tranches for awards (F2–F10)
• Filing appears timely (report covers 2026-05-18 and was filed 2026-05-19)

Context

• This sequence (exercise followed by same-day sale) is effectively a cashless exercise: options were exercised and resulting shares were sold the same day. The separate derivative disposition entry reflects surrender/settlement of the exercised derivative.
• For retail investors: exercises followed by immediate sales are common for tax/liquidity reasons and do not by themselves indicate a change in the insider’s long-term view of the company.