HECKER MARK E 4
Research Summary
AI-generated summary
Southern Missouri Bancorp EVP Mark Hecker Inherits 1,220.684 Shares
What Happened
Mark E. Hecker, EVP & Chief Credit Officer of Southern Missouri Bancorp (SMBC), was reported to have acquired 1,220.684 shares on May 11, 2026 by inheritance (reported on May 15, 2026). The Form 4 lists the acquisition price/value as $0, consistent with an inheritance distribution rather than a purchase.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-15.
- Transaction type: Inheritance (transaction code W). Reported consideration: $0.
- Shares acquired: 1,220.684.
- Footnote: F1 — shares were acquired pursuant to the distribution of the Estate of Pasty Hecker; transaction is exempt from Section 16(b).
- Shares owned after transaction: not specified in the information provided here (see the full Form 4 for total beneficial ownership).
- No option exercise, sale, or cash purchase involved.
Context
An inheritance (gift/distribution from an estate) does not reflect a market purchase or sale decision by the insider and is typically treated as neutral regarding insider sentiment. The filing notes the Section 16(b) exemption for estate distributions; consult the full Form 4 for any additional holdings or related disclosures.