STEFFENS GREG A 4

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.