Recent filings with the SEC have detailed a series of equity transactions conducted by Rex A. Copeland, the Treasurer and Senior Vice President of Subsidiary at Great Southern Bancorp, Inc. (NASDAQ: GSBC). According to the reported data, Mr. Copeland executed both acquisitions and sales of common stock over a two-day period spanning April 30 and May 1, 2026.
The financial breakdown of these transactions shows that Mr. Copeland acquired shares valued at $219,240, while his total sales accounted for $201,812. The acquisition component was driven by the exercise of stock options at a price of $52.2 per share. Conversely, the sales were executed at higher market prices, ranging from $68.25 to $68.77 per share.
Detailed Transaction Breakdown
On April 30, Mr. Copeland exercised options to acquire 2,036 shares of common stock at a rate of $52.2 per share. This specific grant was structured with an annual vesting schedule where 1,050 shares vested each year between November 15, 2019, and November 15, 2022. Immediately following the acquisition of these 2,036 shares, Mr. Copeland sold the same number of shares at a price of $68.25 per share. Following this sequence of events, his direct holdings in common stock stood at 24,671 shares.
The activity continued on May 1, when Mr. Copeland acquired an additional 1,250 shares and 914 shares through the exercise of options under the same established vesting schedule. Both sets of acquisitions were priced at $52.2 per share. Later that day, he sold 914 of those shares at a price of $68.77 per share. After accounting for all these transactions, Mr. Copeland’s direct ownership in Great Southern Bancorp common stock reached 25,921 shares.
Unexercised Options and Future Vesting
In addition to the completed transactions, the filings indicate that Mr. Copeland maintains several unexercised options to purchase common stock, which are subject to various vesting schedules:
- 4,200 shares with an exercise price of $55, vesting annually from November 28, 2020, through November 28, 2023.
- 4,200 shares at an exercise price of $60.15, vesting annually from November 20, 2021, through November 20, 2024.
- 4,500 shares at an exercise price of $41.74, vesting annually from October 26, 2022, through October 26, 2025.
- 4,750 shares at an exercise price of $57.98, with annual vesting occurring on November 17 in the years 2023, 2024, 2025, and 2026.
- 4,800 shares at an exercise price of $61.55, vesting annually from November 16, 2024, through November 16, 2027.
Market Context and Financial Performance
These insider movements take place while Great Southern Bancorp is experiencing a period of notable market momentum. The stock has seen returns exceeding 24% over the previous six months and is trading at $68.87, which is close to its 52-week high of $70.91. The regional bank holds a market capitalization of $752 million and currently maintains a P/E ratio of 10.94 alongside a dividend yield of 2.52%.
The company’s recent financial results have also been strong. For the first quarter of 2026, Great Southern Bancorp reported earnings per share (EPS) of $1.58, surpassing the anticipated $1.29 by 22.48%. Revenue for the quarter was recorded at $55.36 million, which exceeded the forecasted $54.34 million. These results were supported by factors including stronger pre-provision net revenue, a provision reversal, and a lower tax rate.
Following these earnings, Keefe, Bruyette & Woods adjusted its price target for GSBC upward from $63 to $65, while maintaining a Market Perform rating. The firm noted that the adjustment was influenced by robust loan growth during the first quarter, which in turn contributed to higher earnings estimates.