Robison Dennis C 4
Research Summary
AI-generated summary
SMBC Director Dennis C. Robison Receives 400-Share Award
What Happened
- Dennis C. Robison, a director of Southern Missouri Bancorp, Inc. (SMBC), was granted 400 shares of restricted stock on 2026-02-24.
- The grant was recorded at $0.00 per share (no cash purchase); total immediate cash value reported is $0. This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (filed timely within the 2‑business‑day window).
- Reported transaction: Award/Grant (code A) — 400 shares at $0.00.
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnote: Grant of restricted stock. Vesting begins February 9, 2027, with 20% vesting on that date and on each of the next four anniversaries (five-year cliff/annual vesting schedule).
- No indication in the filing of a sale, 10b5-1 plan, tax-withholding disposition, or cashless exercise.
Context
- This is a standard restricted stock grant typically used for director compensation or retention; the shares are subject to multi-year vesting and are not immediately liquid. Such awards reflect compensation policy rather than an immediate market-direction signal.