Great Southern Bancorp Inc. (Nasdaq: GSBC)’s CEO and a board member made stock moves this week.
Joe Turner, the company’s top executive, executed his contractual right to purchase stock under the U.S. Securities and Exchange Commission’s Code M rule. On Jan. 13, he purchased 954 shares at a set price of $25.48, or $25,308. He then sold them at $50.26 per share, netting a profit of $22,639.
The next day, he bought 829 shares at a set price of $25.48 per share and proceeded to sell them for $50.35, resulting in a profit of $20,617, according to an SEC filing.
Turner’s earnings on stock sold Feb. 13-14 was $43,256.
Today, an SEC filing shows board member Tom Carlson bought 56 shares at $51.20 apiece, or $2,867.
GSBC shares were trading at $51 as of 9:03 a.m., compared with a 52-week range of $34.48 to $56.70.
This week’s stock moves followed six insider filings in January:
• Board member Julie Turner Brown netted a profit of $9,440 when she executed her right to buy 1,250 shares at $32.59 and then sold 1,011 of them at $49.63.
• Board member Bill Barclay sold 835 shares for $42,725.
• Chief Lending Officer Steven Mitchem used his right to buy 2,100 shares at set prices. He then sold them at $52.62 apiece for a profit of $53,322. Earlier in the month, he acquired 251 shares for $13,056.
• Turner acquired 7,817 shares at set prices before selling them at market prices for a profit of $210,202.
• Vice President of Information Systems Linton Thomason sold 26 shares for $1,352.
In late January, Great Southern reported 2016 net income of $45.3 million, a 2.5 percent decrease compared with $46.5 million a year earlier.
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