Cox Justin 4

4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

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Southern Missouri Bancorp (SMBC) EVP Justin Cox Receives Stock Award

What Happened

  • Justin Cox, EVP — Regional President of Southern Missouri Bancorp (SMBC), was granted awards totaling 2,750 shares on February 24, 2026. The filing shows 750 shares acquired at $0.00 and a derivative award for 2,000 shares also reported at $0.00. These are compensation awards (not open‑market purchases or sales) and do not generate immediate cash proceeds.

Key Details

  • Transaction date: 2026-02-24; filing date: 2026-02-26 (filing appears timely).
  • Award amounts and reported prices: 750 shares @ $0.00 (acquired); 2,000 derivative shares @ $0.00 (acquired).
  • Shares owned after transaction: Not disclosed in this filing.
  • Notable footnote (F1): The awarded shares are scheduled to vest over a five‑year period beginning February 9, 2027, with up to 20% vesting on that date and each of the next four anniversaries, tied to the company’s annualized return on average assets over the 12 quarters prior to each vesting date (performance condition).
  • Transaction code: A = Award/Grant (not a purchase or sale).

Context

  • These awards are compensation-based grants (likely time- and/or performance‑based restricted units or similar derivative awards). Because they vest over multiple years and are tied to performance criteria, they are meant to align executive pay with longer‑term company results and do not indicate an immediate vote of confidence via personal cash investment.
  • For retail investors, awards signal management compensation alignment rather than immediate buying or selling pressure; purchases are generally more directly interpreted as bullish insider signals.

Insider Transaction Report

Form 4
Period: 2026-02-24
Cox Justin
EVP-REGIONAL PRESIDENT
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-24+7509,825 total
  • Award

    Stock Option (Right to Buy)

    [F3]
    2026-02-24+2,0002,000 total
    Exercise: $62.96Exp: 2036-02-24Common Stock (2,000 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By 401(k))
    13,478.823
  • Stock Option (Right to Buy)

    [F4]
    Exercise: $60.42Exp: 2035-02-18Common Stock (1,500 underlying)
    1,500
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $40.82Exp: 2034-02-08Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $46.94Exp: 2033-02-21Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F7]
    Exercise: $53.82Exp: 2032-02-03Common Stock (1,500 underlying)
    1,500
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $34.91Exp: 2031-02-10Common Stock (3,000 underlying)
    3,000
  • Stock Option (Right to Buy)

    [F9]
    Exercise: $37.40Exp: 2030-02-18Common Stock (2,000 underlying)
    2,000
  • Stock Option (Right to Buy)

    [F10]
    Exercise: $34.35Exp: 2029-01-04Common Stock (2,000 underlying)
    2,000
  • Stock Option (Right to Buy)

    [F11]
    Exercise: $37.31Exp: 2028-01-16Common (2,000 underlying)
    2,000
Footnotes (11)
  • [F1]The shares are scheduled to vest over a five-year period beginning February 9, 2027, with up to 20% of the shares vesting on that date and on each of the next four anniversaries of that date based on the extent to which the Company's annualized return on average assets over the 12 calendar quarters ending immediately prior to the applicable vesting date exceeds a threshold level.
  • [F10]The options become exercisable in 20% installments over a five year period with the first installment vesting on 1/4/20. Each remaining installment vests annually thereafter.
  • [F11]The options become exercisable in 20% installments over a five year period with the first installment vesting on 1/16/19. Each remaining installment vests annually thereafter.
  • [F2]Reflects 401(k) contributions that have occurred since the date of the reporting person's last ownership report.
  • [F3]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/24/27. Each remaining installment vests annually thereafter.
  • [F4]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/18/26. Each remaining installment vests annually thereafter.
  • [F5]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/8/25. Each remaining installment vests annually thereafter.
  • [F6]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/21/24. Each remaining installment vests annually thereafter.
  • [F7]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/3/23. Each remaining installment vests annually thereafter.
  • [F8]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/10/22. Each remaining installment vests annually thereafter.
  • [F9]The options become exercisable in 20% installments over a five year period with the first installment vesting on 2/18/21. Each remaining installment vests annually thereafter.
Signature
/s/ Justin Cox|2026-02-26

Documents

1 file
  • 4
    form4-02262026_080210.xmlPrimary