Security Midwest Bancorp, Inc.: director Hillestad James R received 4,003 shares

What happened

• Hillestad James R, director, received two awards on Oct 20, 2026: 1,334 shares of restricted stock and 2,669 derivative securities (stock options), each acquired at $0, total value $0.

Key details

• Transaction dates and prices: Oct 20, 2026 — 1,334 shares at $0 (code A, award); Oct 20, 2026 — 2,669 derivative securities at $0 (code A, award; derivative).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 — restricted stock vests at a rate of 20% per year commencing on Oct 20, 2027. F2 — stock options vest at a rate of 20% per year commencing on Oct 20, 2027.
• Filing timeliness: filing date Oct 22, 2026, covering the Oct 20, 2026 transactions; the filing does not indicate it was late.

Why it may matter

• These entries are awards and a grant of derivative securities that vest over time per the footnotes, not open-market purchases or sales.
• A filing does not show why the insider traded or why the company acted.