HECKER MARK E 4

4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

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Southern Missouri Bancorp (SMBC) EVP Mark Hecker Receives Stock Awards

What Happened

  • Mark E. Hecker, Executive Vice President & Chief Credit Officer of Southern Missouri Bancorp (SMBC), received two awards on 2026-02-24: 600 shares (granted at $0.00) and 1,500 derivative shares (granted at $0.00). The filing shows $0 cash paid for these awards (common for compensation grants).

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
  • Grants: 600 shares (award A) and 1,500 derivative shares (award A); reported price per share: $0.00; reported dollar value: $0.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Relevant footnote (F1): these 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, subject to the company’s annualized return on average assets (ROAA) exceeding a threshold.
  • Transaction code: A = grant/award (compensation). Derivative line means the award’s final conversion/settlement depends on vesting/performance.

Context

  • These are compensation awards (not open-market purchases or sales). The derivative/performance portion will only convert to owned stock if vesting and performance conditions are met; they do not represent an immediate buy or sale of shares.
  • For retail investors: awards are routine executive compensation and reflect long-term incentives tied to performance metrics, not an immediate vote of confidence via personal cash purchase.

Insider Transaction Report

Form 4
Period: 2026-02-24
HECKER MARK E
EVP-CHIEF CREDIT OFFICER
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-24+6006,675 total
  • Award

    Stock Option (Right to Buy)

    [F3]
    2026-02-24+1,5001,500 total
    Exercise: $62.96Exp: 2036-02-24Common Stock (1,500 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By 401(k))
    2,037.365
  • Common Stock

    (indirect: By IRA)
    10,630
  • Common Stock

    (indirect: By Spouse)
    185
  • Stock Option (Right to Buy)

    [F4]
    Exercise: $60.42Exp: 2035-02-18Common Stock (1,500 underlying)
    1,500
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $40.82Exp: 2034-02-08Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $46.94Exp: 2033-02-21Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F7]
    Exercise: $53.82Exp: 2032-02-03Common Stock (1,500 underlying)
    1,500
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $34.91Exp: 2031-02-10Common Stock (3,000 underlying)
    3,000
  • Stock Option (Right to Buy)

    [F9]
    Exercise: $37.40Exp: 2030-02-18Common Stock (2,000 underlying)
    2,000
  • Stock Option (Right to Buy)

    [F10]
    Exercise: $34.35Exp: 2029-01-04Common Stock (2,000 underlying)
    2,000
  • Stock Option (Right to Buy)

    [F11]
    Exercise: $37.31Exp: 2028-01-16Common Stock (2,000 underlying)
    2,000
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.
Signature
/s/ Mark E. Hecker|2026-02-26

Documents

1 file
  • 4
    form4-02262026_110235.xmlPrimary