Bower Kenneth J 4

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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.