Director Sells $322K in Stock After Option Exercise
GSBC sits 33% above its 52-week low of $53.76.
Summary
Director Earl A. Steinert Jr. sold $322,270 worth of Great Southern Bancorp common stock after exercising options, continuing a trend of insider sales.
Key Events · Ownership and Investor Activity · GSBC
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Director Sells Shares
Director Earl A. Steinert Jr. sold 4,500 shares of common stock for $322,270.65 at a price of $71.62 per share.
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Option Exercise Precedes Sale
The sale followed the exercise of options for 4,500 shares at prices ranging from $57.98 to $61.55, totaling $268,820.
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Net Disposition by Insider
The combined transactions result in a net disposition of shares by the director.
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Continues Insider Selling Trend
This transaction adds to a pattern of insider selling at the company, with over $1.5 million in net sales by 6 active insiders in the last 90 days.
Analysis · GSBC · Finance
Director Earl A. Steinert Jr. sold shares worth over $322,000 after exercising options. This transaction contributes to a recent pattern of insider selling at Great Southern Bancorp, following other director and CEO sales in the past month. While the sale is relatively small compared to the company's market capitalization, it represents a disposition of shares by an insider near the company's 52-week high.
At the time of this filing, GSBC was trading at $71.32 on NASDAQ in the Finance sector, with a market capitalization of approximately $776.9M. The 52-week trading range was $53.76 to $72.75. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.