McClain David L 4
4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
SMBC Director David McClain Receives Restricted Stock Award
What Happened
- David L. McClain, a director of Southern Missouri Bancorp, Inc. (SMBC), was granted 400 restricted shares on 2026-02-24. The Form 4 records the acquisition price as $0.00 (grant), so no cash was paid by the insider at grant.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
- Transaction type/code: Award/Grant (A); 400 shares acquired at $0.00.
- Vesting (Footnote F1): Shares vest over five years beginning Feb 9, 2027 — 20% vest on that date and on each of the next four anniversaries.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Additional footnote (F2) in the filing references a separate option vesting schedule (20% installments over five years) and is not the same as this restricted stock grant.
Context
- Restricted stock awards are typically compensation or retention tools and differ from open-market purchases; because they vest over time, the director does not have immediate, unrestricted ownership of all shares. This grant alone does not necessarily signal buying or selling intent.
Insider Transaction Report
Form 4
McClain David L
Director
Transactions
- Award
Common Stock
[F1]2026-02-24+400→ 1,821 total
Holdings
- 7,500
Common
[F2]Exercise: $46.94Exp: 2033-02-21→ Common (7,500 underlying)
Footnotes (2)
- [F1]Grant of restricted stock. The shares are scheduled to vest over a five-year period beginning February 9, 2027, with 20% of the shares vesting on that date and on each of the next four anniversaries of that date.
- [F2]The options become exercisable in 20% installments over a five-year period with the first installment vesting on February 21, 2024. Each remaining installment vests annually thereafter.
Signature
/s/ David McClain|2026-02-26