secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN MISSOURI BANCORP, INC. (SMBC)
CIK:        0000916907
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001558370-25-001323
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SMBC enters new/amended change-in-control severance for CFO, CCO, and CRO
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- CFO Stefan Chkautovich gets new severance: 1x cash comp lump sum, 12-month benefits continuation.
- CCO Mark Hecker's amended agreement increases severance to 2x cash comp (from 1.5x), benefits to 24 months (from 18).
- CRO Lance Greunke also enters amended severance agreement; terms parallel Hecker's but not fully specified.
- All agreements run to Dec 31, 2025 with auto-renewal; extended 1 year post-Change in Control.
- Payments subject to Section 280G parachute reduction and FDIC regulatory prohibition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916907/000155837025001323/0001558370-25-001323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916907/000155837025001323/smbc-20250218x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001323

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