BROUCEK JAMES S 4
Accession 0001204872-26-000002
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 9:02 AM ET
Size
7.3 KB
Accession
0001204872-26-000002
Research Summary
AI-generated summary of this filing
CZWI EVP/CFO James Broucek Surrenders 339 Shares to Cover Taxes
What Happened
James S. Broucek, EVP/CFO/Treasurer/Secretary of Citizens Community Bancorp, surrendered 339 shares of CZWI common stock on January 19, 2026. The shares were valued at $18.45 each, totaling $6,255, and were surrendered to satisfy withholding taxes due upon the vesting of previously awarded restricted stock. This was a tax-withholding settlement—not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-01-19; filing date: 2026-01-21 (timely filing).
- Price: $18.45 per share; Shares surrendered: 339; Total value: $6,255.
- Transaction code: F — shares surrendered for tax withholding.
- Footnote: Shares were surrendered to satisfy withholding on restricted stock issued under the 2018 Equity Incentive Plan.
- Footnote: These shares are held in the reporting person's self-directed IRA.
- Footnote: Filing references a separate option vesting schedule under the 2008 plan (vesting occurred 2018–2022).
- Shares owned after the transaction: not specified in the provided excerpt.
Context
Surrenders to cover tax withholding are routine administrative actions when restricted shares vest and do not necessarily indicate the insider's view on the company. This is not an open-market sale but a transfer to cover tax obligations associated with vested awards.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2026-01-19$18.45/sh−339$6,255→ 20,995 total
- 43,314(indirect: By IRA)
Common Stock, par value $0.01 per share
[F2] - 8,000
Common Stock Option (right to buy)
[F3]Exercise: $13.60Exp: 2027-10-31→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]The reporting person surrendered a total of 339 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting of certain previously awarded shares of restricted stock issued under the Company's 2018 Equity Incentive Plan.
- [F2]These shares are held in the reporting person's self-directed IRA.
- [F3]The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of October 31, 2018, October 31, 2019, October 31, 2020, October 31, 2021 and October 31, 2022.
Signature
Documents
Issuer
Citizens Community Bancorp Inc.
CIK 0001367859
Related Parties
1- filerCIK 0001204872
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 9:02 AM ET
- Size
- 7.3 KB