Southern Missouri Bancorp DEF 14A Filing

Ticker: SMBC · Form: DEF 14A · Filed: Sep 23, 2024 · CIK: 916907

Sentiment: neutral

Topics: executive-compensation, proxy-statement, equity-awards

Related Tickers: SMBK

TL;DR

SMBK DEF 14A out - executive comp & equity awards details for FY24.

AI Summary

Southern Missouri Bancorp, Inc. filed a DEF 14A on September 23, 2024, for the fiscal year ending June 30, 2024. The filing details executive compensation and equity awards, including the fair value of awards granted and unvested to PEO and Non-PEO members. Specific dollar amounts for these awards are not detailed in the provided snippet.

Why It Matters

This filing provides insight into the compensation structure and equity awards for key executives at Southern Missouri Bancorp, Inc., which can influence investor decisions.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing is a proxy statement filed by companies to solicit shareholder votes for annual meetings, often detailing executive compensation, board nominations, and other corporate governance matters.

When is the period of report for this Southern Missouri Bancorp filing?

The period of report for this DEF 14A filing is 20241028.

What is the fiscal year end for Southern Missouri Bancorp, Inc.?

The fiscal year end for Southern Missouri Bancorp, Inc. is June 30 (0630).

What specific types of equity awards are mentioned in the filing snippet?

The filing snippet mentions 'EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYear' and 'EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedAndUnvestedInCurrentYear' for both PEO and Non-PEO members.

What is the filing date of this DEF 14A?

The filing date of this DEF 14A is September 23, 2024 (20240923).

Filing Stats: 4,789 words · 19 min read · ~16 pages · Grade level 10.3 · Accepted 2024-09-23 17:17:13

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 SOUTHERN MISSOURI BANCORP, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 September 23, 2024 Dear Fellow Shareholder: On behalf of the Board of Directors and management of Southern Missouri Bancorp, Inc., we cordially invite you to attend the 2024 Annual Meeting of Shareholders. The meeting will be held at 9:00 a.m. local time, on October 28, 2024, at our corporate headquarters, located at 2991 Oak Grove Road, Poplar Bluff, Missouri. The matters expected to be acted upon at the meeting are described in the attached proxy statement. A proxy card enabling you to vote without attending the meeting is enclosed. In addition, we will report on our progress during the past year. We encourage you to attend the meeting in person. Whether or not you plan to attend, however, please read the enclosed proxy statement and then vote by internet, telephone or mail as promptly as possible. This will save us the additional expense in soliciting proxies and will ensure that your shares are represented at the annual meeting. In accordance with the rules of the Securities and Exchange Commission, our proxy statement, proxy card and annual report to shareholders are available on the Internet at http://www.edocumentview.com/SMBC. Your Board of Directors and management are committed to the continued success of Southern Missouri Bancorp, Inc., and the enhancement of your investment. As Chairman and Chief Executive Officer, I want to express my appreciation for your confidence and support. Chairman and Chief Executive Officer Sincerely, /s/ Greg A. Steffens Greg A. Steffens Chairman and Chief Executive Officer SOUTHERN MISSOURI BANCORP, INC. 2991 Oak Grove Road Poplar Bluff, Missouri 63901 (573) 778-1800 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To be held on October 28, 2024 Notice is hereby given that the annual meeting of shareholders of Southern Missouri Bancorp, Inc. will be held at our corporate headquarters, located at 2991 Oak Grove Road, Poplar Bluff, Missouri, on October 28, 2024, at 9:00 a.m. local time. A proxy card and a proxy statement for the annual meeting are enclosed. The annual meeting is for the purpose of considering and voting on the following proposals: Proposal 1. Election of three directors of Southern Missouri Bancorp, each for a term of three years; Proposal 2. An advisory (non-binding) vote on executive compensation, commonly referred to as a "say on pay" vote; Proposal 3. An advisory (non-binding) vote as to whether future advisory votes on executive compensation should be held every one, two, or three years; Proposal 4. Approval of the Southern Missouri Bancorp, Inc. 2024 Omnibus Incentive Plan; and Proposal 5. Ratification of the appointment of Forvis Mazars, LLP as Southern Missouri Bancorp's independent auditors for the fiscal year ending June 30, 2025. Shareholders also will transact such other business as may properly come before the annual meeting, or any adjournment or postponement thereof. As of the date of this notice, we are not aware of any other business to come before the annual meeting. The Board of Directors has fixed the close of business on September 6, 2024, as the record date for the annual meeting. This means that shareholders of record at the close of business on that date are entitled to receive notice of and to vote at the meeting and any adjournment or postponement thereof. Shareholders have a choice of voting by Internet or by telephone, by mailing a completed proxy card or by submitting a ballot in person at the Annual Meeting. Regardless of the number of shares you own, your vote is very important. Please act today to ensure that your shares are represented at the meeting. BY ORDER OF THE BOARD OF DIRECTORS /s/ Charles R. Love Charles R. Love Secretary Poplar Bluff, Missouri September 23, 2024 ii SOUTHERN MISSOURI BANCORP, INC. 2991 Oak Grove Road Poplar Bluff, Missouri 63901 (573) 778-1800 IMPORTANT NOTICE: Internet Availability of Proxy Materials for the Shareholders' Meeting To Be Held on October 28, 2024. These proxy materials are also available to you on the Internet. You are encouraged to review all of the information

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