Bower Kenneth J 4
4 · SOUTHERN MISSOURI BANCORP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Southern Missouri Bancorp (SMBC) Director Kenneth J. Bower Receives 400-Share Award
What Happened Kenneth J. Bower, a director of Southern Missouri Bancorp (SMBC), received an award of 400 restricted shares on February 24, 2026. The shares were granted at a $0.00 purchase price (award), so the reported acquisition value is $0. This was a compensation award (restricted stock), not an open-market purchase or sale.
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears timely).
- Transaction type/code: A — Grant/award/acquisition of restricted stock.
- Shares granted: 400 restricted shares; price reported: $0.00; reported acquisition value: $0.
- Vesting (Footnote F1): Shares vest in five equal 20% installments beginning February 9, 2027, with subsequent annual vesting on each of the next four anniversaries.
- Shares owned after transaction: Not specified in the information provided in this summary.
- Additional footnote (F2): The filing also includes a note about outstanding options vesting in 20% installments beginning October 20, 2026; that footnote describes option vesting schedules and does not change the restricted-stock award above.
Context Restricted-stock grants like this are a form of compensation and do not necessarily signal buying or selling intent by the insider. They typically vest over time to align director incentives with shareholder interests; here vesting begins about a year after grant and completes over five years.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+400→ 400 total
- 5,000
Stock Option (right to buy)
[F2]Exercise: $50.05Exp: 2035-10-20→ Common Stock (5,000 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 October 20, 2026. Each remaining installment vests annually thereafter.