Director Sells $410K in Stock After Option Exercise
summarizeSummary
Director William V. Turner sold $410,104 worth of Great Southern Bancorp common stock after exercising options, marking a significant insider sale near the company's 52-week high.
check_boxKey Events
-
Director Sells Shares
Director William V. Turner sold 6,000 shares of common stock for $410,103.60 at an average price of $68.35 per share on May 18, 2026.
-
Option Exercise Precedes Sale
The sale followed the exercise of 6,000 options at a strike price of $52.20 per share, valued at $313,200, on the same day.
-
Selling Near 52-Week Highs
The transaction occurred while the company's stock is trading near its 52-week high of $70.91, indicating the director is realizing profits.
-
Contributes to Insider Distribution
This sale adds to a net insider distribution of over $1.1 million in open market sales over the last 90 days, as noted in recent insider activity.
auto_awesomeAnalysis
A director exercised options and immediately sold the acquired shares, along with other shares, totaling over $410,000. This transaction represents a director locking in gains while the stock trades near its 52-week high, contributing to a broader trend of insider distribution over the past 90 days.
At the time of this filing, GSBC was trading at $68.46 on NASDAQ in the Finance sector, with a market capitalization of approximately $745.7M. The 52-week trading range was $53.76 to $70.91. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.