On July 21, 2026, William V. Turner, a director at Great Southern Bancorp, Inc. (NASDAQ:GSBC), acquired 6,400 shares of the company's common stock at $78.71 per share. The insider transaction, disclosed on July 27, 2026, increased Turner's direct beneficial ownership to 192,712 shares, underscoring his confidence in the Springfield, Missouri-based financial institution.
Key Points
- NASDAQ: GSBC
- Director William V. Turner bought 6,400 common shares on July 21, 2026
- Purchase price was $78.71 per share; direct ownership rose to 192,712 shares post-purchase
- Turner also holds 8,966 shares indirectly via the company’s 401(k) plan along with multiple unvested stock option grants
Turner’s Stock Acquisition and Ownership Breakdown
William V. Turner completed a direct purchase of 6,400 shares of Great Southern Bancorp common stock on July 21, 2026, at $78.71 per share. This transaction raised his direct beneficial ownership to 192,712 shares, reflecting a significant insider investment at the stated price point and indicating his valuation perspective of the company at that time.
Beyond his direct holdings, Turner has an indirect beneficial interest in 8,966 shares held through Great Southern Bancorp’s 401(k) retirement plan. The filing clarifies that this number corresponds to the approximate equivalent shares based on his units in the company’s common stock fund within the plan. This combined ownership structure highlights Turner's deep financial commitment to the organization he serves.
Stock Options and Vesting Details
Turner’s compensation includes nine stock option grants with exercise prices ranging from $41.74 to $61.79 per share, covering 61,250 underlying shares. These options have expiration dates spanning from November 2028 through November 2035, reflecting varying market conditions at the time of each grant within Great Southern Bancorp’s director compensation framework.
The vesting schedules are staggered, with older grants like the November 2020 option at $55.00 fully vested at 1,750 shares annually over four years. Newer grants, such as the November 2035 option for 7,800 shares at $57.29, vest over four years starting in 2027 through 2030. This structure aligns director incentives with long-term shareholder value while distributing benefits across fiscal periods.
Director Status and Beneficial Ownership Reporting
The filing identifies William V. Turner as a Director of Great Southern Bancorp, Inc., noting he is not an Officer nor a 10% owner. As a director subject to Section 16 beneficial ownership reporting, Turner’s securities transactions and holdings are publicly disclosed through regulatory filings, ensuring transparency for market participants.
Turner’s address is listed as care of Great Southern Bank’s headquarters at 218 S Glenstone Avenue, Springfield, Missouri. The filing was signed on July 27, 2026, by Matt Snyder under a power of attorney from Turner, a common practice allowing designated officers to manage regulatory filings on behalf of executives and directors.
Purchase Timing and Market Implications
The July 21, 2026 purchase occurred during mid-summer trading, with the $78.71 price per share reflecting the consideration for the 6,400 shares acquired. Although the total transaction amount was not disclosed, the specific price offers investors insight into the valuation level at which Turner increased his equity stake. The immediate market impact was not detailed in the disclosure.
Insider purchases by directors often signal management confidence in a company’s outlook. Turner’s investment at $78.71 per share may indicate his positive view of Great Southern Bancorp’s strategy, financial health, or market position, though such transactions can also be influenced by personal financial factors.
Corporate Structure and Regulatory Disclosure Requirements
Great Southern Bancorp, Inc., a publicly traded bank holding company based in Springfield, Missouri, is listed on NASDAQ. It is subject to federal securities laws mandating disclosure of material ownership changes by directors, officers, and significant shareholders. The company’s common stock is the primary equity security traded, with this filing documenting changes in beneficial ownership.
Section 16(a) of the Securities Exchange Act of 1934 governs these disclosures, requiring insiders to report beneficial ownership changes. Directors like Turner must file detailed reports for acquisitions, dispositions, or exercises of company securities, promoting market transparency and integrity.
Accumulated Equity and Long-Term Commitment
Turner’s combined direct shares, retirement plan holdings, and stock options amount to a substantial equity position in Great Southern Bancorp. His 192,712 direct shares, 8,966 shares via the 401(k) plan, and potential to exercise 61,250 option shares demonstrate a layered ownership built over years of service, reflecting a long-term dedication to the company’s success.
The range of option grants across multiple years shows Turner’s sustained directorship through various market conditions. Earlier grants with lower exercise prices, such as the $41.74 option from 2022, may hold intrinsic value if market prices exceed those levels, while newer grants align compensation with current market valuations.
Unchanged Director Status and Reporting Obligations
The filing indicates no changes to Turner’s director status or Section 16 reporting responsibilities. He remains listed with the care-of address at Great Southern Bank’s headquarters, confirming his ongoing affiliation. Future changes in his holdings will be reported via subsequent Form 4 filings as required.
Investors can access current insider trading disclosures through the SEC’s EDGAR database, which maintains comprehensive records of Section 16 filings for publicly traded companies.
Regulatory Compliance and Filing Accuracy
The Form 4 filing includes certifications that the information is accurate and complete. It warns that intentional misstatements or omissions violate federal laws under 18 U.S.C. 1001 and 15 U.S.C. 78ff(a), ensuring reliability of insider disclosures.
Prepared in compliance with SEC rules, the filing was completed with cooperation from Turner and his representatives. The July 27, 2026 submission met the three-business-day deadline following the July 21, 2026 transaction.