Security Midwest Bancorp: director Frank J. Kopecky IV received 4,003 shares

What happened Frank J. Kopecky IV, a director, received a total of 4,003 shares via two grants reported on the Form 4. The filing shows a grant of 1,334 restricted common shares at $0 and a grant of 2,669 derivative shares (stock options) at $0 on Oct 20, 2026.

Key details

• Transaction date: Oct 20, 2026; both grants priced at $0.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: the 1,334 restricted shares vest at a rate of 20% per year commencing on Oct 20, 2027.
• Footnote F2: the 2,669 derivative shares are stock options that vest at a rate of 20% per year commencing on Oct 20, 2027.
• Form 4 filed with the SEC on Oct 22, 2026 (period of report Oct 20, 2026).

Why it may matter

• These entries are grants (awards), not market sales or purchases.
• The derivative grant is stock options subject to a multi-year vesting schedule. This filing does not show why the insider traded or why the company acted.