STEFFENS GREG A 4
4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Southern Missouri Bancorp (SMBC) CEO Greg Steffens Receives Award
What Happened
Greg A. Steffens, Chairman, CEO and a director of Southern Missouri Bancorp (SMBC), received equity awards on February 24, 2026: 600 shares were granted at $0.00 (non-derivative) and 1,500 derivative shares were granted at $0.00 (total reported value $0). These were awards (code A), not open‑market purchases or sales — typical of executive compensation rather than a market transaction.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
- Grants: 600 shares acquired at $0.00 (non-derivative) and 1,500 derivative shares at $0.00.
- Footnote F1: The derivative shares are scheduled to vest over a five-year period beginning February 9, 2027, with up to 20% vesting on that date and each of the next four anniversaries, contingent on the company’s annualized return on average assets (ROAA) over the prior 12 quarters exceeding a threshold.
- Transaction code: A = Award/Grant.
- Shares owned after transaction: not specified in the summary provided.
Context
These grants are compensation awards and were received at no cash cost to the insider; the 1,500 derivative awards are time- and performance‑based (not immediately vested). Awards like this are routine for executives and do not by themselves indicate a buy/sell market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+600→ 219,258 total - Award
Stock Option (Right to Buy)
[F3]2026-02-24+1,500→ 1,500 totalExercise: $62.96Exp: 2036-02-24→ Common Stock (1,500 underlying)
- 48,667.331(indirect: By 401(k))
Common Stock
[F2] - 24,027(indirect: Custodian for Daughter)
Common Stock
- 1,500
Stock Option (Right to Buy)
[F4]Exercise: $60.42Exp: 2035-02-18→ Common Stock (1,500 underlying) - 2,500
Stock Option (Right to Buy)
[F5]Exercise: $40.82Exp: 2034-02-08→ Common Stock (2,500 underlying) - 2,500
Stock Option (Right to Buy)
[F6]Exercise: $46.94Exp: 2033-02-21→ Common Stock (2,500 underlying) - 2,500
Stock Option (Right to Buy)
[F7]Exercise: $53.82Exp: 2032-02-03→ Common StocK (2,500 underlying) - 5,000
Stock Option (Right to Buy)
[F8]Exercise: $34.91Exp: 2031-02-10→ Common Stock (5,000 underlying) - 3,500
Stock Option (Right to Buy)
[F9]Exercise: $37.40Exp: 2030-02-18→ Common Stock (3,500 underlying) - 3,500
Stock Option (Right to Buy)
[F10]Exercise: $34.35Exp: 2029-01-04→ Common Stock (3,500 underlying) - 3,500
Stock Option (Right to Buy)
[F11]Exercise: $37.31Exp: 2028-01-16→ Common Stock (3,500 underlying)
Footnotes (11)
- [F1]The shares are scheduled to vest over a five-year period beginning February 9, 2027, with up to 20% of the shares vesting on that date and on each of the next four anniversaries of that date based on the extent to which the Company's annualized return on average assets over the 12 calendar quarters ending immediately prior to the applicable vesting date exceeds a threshold level.
- [F10]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 1/4/20. Each remaining installment vests annually thereafter.
- [F11]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 1/16/19. Each remaining installment vests annually thereafter.
- [F2]Reflects 401(k) contributions that have occurred since the date of the reporting person's last ownership report.
- [F3]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/24/27. Each remaining installment vests annually thereafter.
- [F4]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/18/26. Each remaining installment vests annually thereafter.
- [F5]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/8/25. Each remaining installment vests annually thereafter.
- [F6]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/21/24. Each remaining installment vests annually thereafter.
- [F7]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/3/23. Each remaining installment vests annually thereafter.
- [F8]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/10/22. Each remaining installment vests annually thereafter.
- [F9]The options become exercisable in 20% installments over a five-year period with the first installment vesting on 2/18/21. Each remaining installment vests annually thereafter.