Security Midwest Bancorp: director McClernon James P received 4,003 shares

What happened McClernon James P, a director, received equity awards reported on Oct 20, 2026. The filing shows he received 1,334 shares at $0 (restricted stock, value $0) and 2,669 derivative shares at $0 (value $0).

Key details

• Transaction date: Oct 20, 2026; reported filing date: Oct 22, 2026. Price: $0 for both items.
• Amounts received: 1,334 shares (award) and 2,669 derivative shares (award). Total reported value: $0.
• Shares owned after the transaction: not stated in the filing provided.
• Footnotes from the filing: F1 — shares of restricted stock vest 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.
• Transaction code reported: A (grant/award).

Why it may matter

• The filing shows a grant of restricted stock and a derivative award tied to stock options that vest over time per the footnotes.
• This filing does not show why the insider traded or why the company acted.