Chkautovich Stefan 4

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

Research Summary

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Southern Missouri Bancorp (SMBC) CFO Chkautovich Receives 2,100-Share Award

What Happened

  • Stefan Chkautovich, Chief Financial Officer of Southern Missouri Bancorp (SMBC), was granted a total of 2,100 shares on 2026-02-24: 600 shares and an additional 1,500 derivative shares. Both awards show an acquisition price of $0.00 (i.e., granted rather than purchased).
  • These are compensatory awards (not open-market purchases or sales). The awards are subject to vesting schedules and performance conditions described in the filing’s footnotes.

Key Details

  • Transaction date and filing: Grants dated 2026-02-24; Form 4 filed 2026-02-26 (report covers the 2/24/26 transaction).
  • Price and value: 600 shares @ $0.00 and 1,500 shares (derivative) @ $0.00 — no cash paid on grant.
  • Shares owned after transaction: The provided excerpt does not disclose total post-transaction holdings.
  • Notable footnote (F1): The 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, contingent on the Company’s annualized return on average assets over the prior 12 quarters exceeding a threshold.
  • Additional footnotes (F2–F5) in the filing describe standard 5-year, 20% annual vesting schedules for options from prior grants; they indicate past option awards but do not change that the Feb 24 grants were awarded (A).
  • Timeliness: Filed two days after the grant date; the filing does not indicate a late report.

Context

  • These are awards (compensation) rather than purchases — common for executive pay and retention. The derivative portion is performance-conditioned, so actual receipt of shares depends on future performance metrics and scheduled vesting.
  • For retail investors, awards indicate management is being paid in equity (aligns interests) but do not by themselves signal buying or selling intentions in the open market.

Insider Transaction Report

Form 4
Period: 2026-02-24
Chkautovich Stefan
CHIEF FINANCIAL OFFICER
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-24+6002,725 total
  • Award

    Stock Option (right to buy)

    [F2]
    2026-02-24+1,5001,500 total
    Exercise: $62.96Exp: 2036-02-24Common Stock (1,500 underlying)
Holdings
  • Stock Option (Right to Buy)

    [F3]
    Exercise: $60.42Exp: 2035-02-18Common Stock (1,500 underlying)
    1,500
  • Stock Option (Right to Buy)

    [F4]
    Exercise: $40.82Exp: 2034-02-08Common Stock (2,500 underlying)
    2,500
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $40.28Exp: 2033-09-19Common Stock (3,500 underlying)
    3,500
Footnotes (5)
  • [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]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.
  • [F3]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.
  • [F4]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.
  • [F5]The options become exercisable in 20% installments over a five year period with the first installment vesting on 9/19/24. Each remaining installment vests annually thereafter.
Signature
/s/ Stefan Chkautovich|2026-02-26

Documents

1 file
  • 4
    form4-02262026_110219.xmlPrimary