Greunke Lance K 4

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.