Southern Missouri Bancorp (SMBC) EVP Mark Hecker Sells 2,685 Shares

What Happened Mark E. Hecker, EVP & Chief Credit Officer of Southern Missouri Bancorp (SMBC), sold a total of 2,685 shares in open-market transactions on August 18, 2026. The sales were executed in three trades: 1,600 shares at $75.49 ($120,784), 900 shares at $75.61 ($68,049), and 185 shares at $75.51 ($13,969), for combined gross proceeds of $202,802. These transactions are dispositions (sales), which are often routine insider selling and do not by themselves indicate company performance.

Key Details

• Transaction date: 2026-08-18 (reported on Form 4 filed 2026-08-20)
• Trades:
  • 1,600 shares @ $75.49 = $120,784
  • 900 shares @ $75.61 = $68,049
  • 185 shares @ $75.51 = $13,969
• Total shares sold: 2,685; total proceeds: $202,802
• Shares owned after transaction: Not disclosed in the provided filing
• Footnotes in the filing (F1–F7) describe option vesting schedules (options vest 20% annually over five years; first vesting dates vary by grant)
• Filing timeliness: Reported two days after the transactions (filed timely)

Context

• These were open-market sales (transaction code S) — simple share dispositions, not option exercises or awards. The filing does not indicate a tax-withholding or cashless exercise related to these trades.
• Sales by executives can be routine (diversification, personal needs, pre-set plans) or signal other considerations; the Form 4 itself does not state motivation.