Father-and-son executives at Great Southern Bancorp Inc. (Nasdaq: GSBC) last week sold thousands of the company’s shares and exercised options to purchase stock at predetermined costs, according to U.S. Securities and Exchange Commission filings.
On July 30, Great Southern Chairman William Turner sold 12,000 shares at $41.75 apiece, representing a total sale price of $500,944. The board director also exercised an option to acquire 12,000 shares at $30.34 apiece, for a total of $364,080.
Three days earlier, his son, Joe Turner, sold 10,189 shares for $41.57 apiece, or $423,594. That same day, the company’s president and CEO exercised his option to acquire 10,189 shares at $30.34 apiece for $309,134, according to the SEC filings.
On July 24, the younger Turner sold 1,811 for $42 apiece, or $76,088. He also bought 1,811 shares for $30.34 apiece, or $54,946.
For the second quarter ending June 30, Great Southern posted net income available to common shareholders of $11.9 million, an 8.7 percent bump compared to $10.9 million in the same quarter a year ago, according to
Springfield Business Journal archives.
GSBC shares were trading at $41.48 as of 10:23 a.m., compared to a 52-week range of $29.80 to $42.99.