Springfield, MO

Great Southern officers execute contractual trade rights

Posted online

Two Great Southern Bancorp Inc. (Nasdaq: GSBC) executives and one board member executed their contractual rights under the U.S. Securities and Exchange Commission’s transaction code M to buy shares at a set cost and sell them at market prices.

The largest transactions occurred on Oct. 25 and 26, when Chief Financial Officer Rex Copeland bought 5,250 company shares for $140,427 and then sold them for $288,750, netting $148,323, according to an SEC filing.

Great Southern Vice President of Operations Douglas Marrs this week purchased 625 shares for $20,369 and sold them for $34,175, resulting in a gain of $13,806.

According to SEC filings, another trade involved board member Earl Steinert Jr., who purchased 2,500 shares at a set rate for an investment of $81,475. Additionally, Vice President of Information Systems Linton Thomason acquired 27 shares for $1,536.

Springfield-based Great Southern recently reported third-quarter earnings of $11.7 million, a 4 percent increase from $11.2 million in the same period of 2016.

GSBC shares were trading at $55.35 as of 10:06 a.m., compared with a 52-week range of $39.60 to $58.45.


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