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SOUTHERN MISSOURI BANCORP, INC.·4

Jul 31, 4:43 PM ET

HECKER MARK E 4

4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Jul 31, 2026

Research Summary

AI-generated summary of this filing

Updated

Southern Missouri Bancorp (SMBC) EVP Mark Hecker Exercises Options, Sells Shares

What Happened

  • Mark E. Hecker, EVP & Chief Credit Officer of Southern Missouri Bancorp (SMBC), exercised employee stock options to acquire 4,000 shares on July 29, 2026. The exercises were for 2,000 shares at $37.31 ($74,620) and 2,000 shares at $34.35 ($68,700), for an aggregate exercise price of $143,320.
  • To pay the exercise price he delivered (surrendered) 1,830 previously owned shares to the issuer (reported as a disposition) with a fair market value of $143,307, plus $13 in cash. The surrendered shares were disposed to the issuer at $78.31 per share. Net new shares received from the exercise = 4,000 − 1,830 = 2,170 shares.

Key Details

  • Transactions date: July 29, 2026.
    • Exercised 2,000 options @ $37.31 = $74,620 (acquired)
    • Exercised 2,000 options @ $34.35 = $68,700 (acquired)
    • Disposition to issuer: 1,830 shares @ $78.31 = $143,307 (used to pay exercise)
  • Transaction codes: M = option exercise; D = disposition to issuer (surrendered shares).
  • Aggregate exercise price paid: $143,320 (paid via delivery of 1,830 shares valued $143,307 and $13 cash).
  • Shares owned after transaction: not stated in this Form 4 (filing does not disclose total holdings).
  • Footnotes: F1 explains the cashless-style payment (share delivery + $13). Footnotes F10 and F11 describe vesting schedules for the option grants (options vest 20% per year over five years; first installments vested 2/10/22 and 2/18/21, respectively).
  • Filing timeliness: Reported on Form 4 with a filing date of 2026-07-31 for a 2026-07-29 transaction — filed within the usual two-business-day window.

Context

  • This was an exercise of stock options with a partial cashless element (surrender of existing shares to cover the exercise cost). Hecker retained a net of 2,170 newly issued shares after the surrender.
  • These kinds of option exercises are common for executives and do not by themselves indicate a change in sentiment; they often reflect vesting and option monetization mechanics rather than open-market buying or selling.

Insider Transaction Report

Form 4
Period: 2026-07-29
SOUTHERN MISSOURI BANCORP, INC.SMBC
HECKER MARK E
EVP-CHIEF CREDIT OFFICER
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-07-29$37.31/sh+2,000$74,620→ 9,895 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-07-29$34.35/sh+2,000$68,700→ 11,895 total
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-07-29$78.31/sh−1,830$143,307→ 10,065 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F3]
    2026-07-29$34.35/sh−2,000$68,700→ 0 total
    Exercise: $34.35Exp: 2029-01-04→ Common Stock (2,000 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F4]
    2026-07-29$37.31/sh−2,000$74,620→ 0 total
    Exercise: $37.31Exp: 2028-01-16→ Common Stock (2,000 underlying)
Holdings

  • Common Stock

    [F2]
    (indirect: By 401(k))
    2,052.663

  • Common Stock

    (indirect: By IRA)
    10,630

  • Common Stock

    (indirect: By Spouse)
    185

  • Stock Option (Right to Buy)

    [F5]
    Exercise: $62.96Exp: 2036-02-24→ Common Stock (1,500 underlying)
    1,500

  • Stock Option (Right to Buy)

    [F6]
    Exercise: $60.42Exp: 2035-02-18→ Common Stock (1,500 underlying)
    1,500

  • Stock Option (Right to Buy)

    [F7]
    Exercise: $40.82Exp: 2034-02-08→ Common Stock (2,500 underlying)
    2,500

  • Stock Option (Right to Buy)

    [F8]
    Exercise: $46.94Exp: 2033-02-21→ Common Stock (2,500 underlying)
    2,500

  • Stock Option (Right to Buy)

    [F9]
    Exercise: $53.82Exp: 2032-02-03→ Common Stock (1,500 underlying)
    1,500

  • Stock Option (Right to Buy)

    [F10]
    Exercise: $34.91Exp: 2031-02-10→ Common Stock (3,000 underlying)
    3,000

  • Stock Option (Right to Buy)

    [F11]
    Exercise: $37.40Exp: 2030-02-18→ Common Stock (2,000 underlying)
    2,000
Footnotes (11)
  • [F1]On July 29, 2026, the Reporting Person exercised employee stock options to purchase an aggregate of 4,000 shares of the Issuer's common stock, consisting of options to purchase 2,000 shares at an exercise price of $37.31 per share and options to purchase 2,000 shares at an exercise price of $34.35 per share. The aggregate exercise price of $143,320 was paid through the delivery to the Issuer of 1,830 shares of common stock previously owned by the Reporting Person having an aggregate fair market value of $143,307, together with a cash payment of $13. The surrendered shares are reported in Table I as a disposition.
  • [F10]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.
  • [F11]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.
  • [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 1/4/20. 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 1/16/19. 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 2/24/27. 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 2/18/26. 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 2/8/25. 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 2/21/24. 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 2/3/23. Each remaining installment vests annually thereafter.
Signature
/s/ Mark E Hecker|2026-07-31

Documents

1 file
  • 4
    form4-07312026_080725.xmlPrimary