Greunke Lance K 4
4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
SMBC EVP Lance Greunke Receives Stock Award
What Happened
Lance K. Greunke, Executive Vice President of Southern Missouri Bancorp, received equity awards on 2026-02-24 totaling 1,750 shares: 500 shares were granted outright (acquired at $0.00) and 1,250 shares reported as a derivative award (also $0.00). These are awards (code A), not open-market purchases or sales, and carry no immediate cash cost to Greunke.
Key Details
- Transaction date: February 24, 2026; filing date: February 26, 2026 (filed within two days, appears timely).
- Grants: 500 shares @ $0.00 (acquired); 1,250 shares @ $0.00 (derivative/performance-based). Total awarded: 1,750 shares.
- Shares owned after transaction: Not specified in the information provided.
- Notable footnote (F1): The shares vest over a five-year schedule beginning Feb 9, 2027; up to 20% vests each year on that date and each of the next four anniversaries, contingent on the Company’s annualized return on average assets exceeding a threshold (performance vesting).
- Other footnotes (F2–F6) appear to relate to other holdings or option grants and are not directly tied to these two awards.
Context
These awards are company compensation (long-term/performance equity) rather than purchases or sales, so they are part of executive pay and intended to align management with performance goals. The derivative portion is performance-vested and will only convert to owned shares if vesting conditions are met; this does not indicate an immediate buy or sell decision by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+500→ 2,100 total - Award
Stock Option (Right to Buy)
[F3]2026-02-24+1,250→ 1,250 totalExercise: $62.96Exp: 2036-02-24→ Common Stock (1,250 underlying)
- 111.196(indirect: By 401(k))
Common
[F2] - 1,250
Stock Option (Right to Buy)
[F4]Exercise: $60.42Exp: 2035-02-18→ Common Stock (1,250 underlying) - 1,500
Stock Option (Right to Buy)
[F5]Exercise: $40.82Exp: 2034-02-08→ Common Stock (1,500 underlying) - 1,500
Stock Option (Right to Buy)
[F6]Exercise: $46.94Exp: 2033-02-21→ Common Stock (1,500 underlying)
Footnotes (6)
- [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.
- [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.