HECKER MARK E 4

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.