BROUCEK JAMES S 4

What Happened

• James S. Broucek, EVP/CFO (also Treasurer/Secretary) of Citizens Community Bancorp (CZWI), had 1,733 performance-based restricted stock units (RSUs) vest and be settled on Jan 22, 2026 at $18.52 per share, a total value of $32,095. To cover withholding taxes on the vesting, he surrendered 632 shares (disposed) at the same $18.52 price, equal to $11,705. These transactions represent an award/settlement (A) and tax withholding (F), not an open-market purchase or sale for investment purposes.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-01-26 (filed within the Form 4 two-business-day window).
• Award: 1,733 shares acquired at $18.52 each = $32,095 (performance RSUs vested and settled).
• Tax withholding: 632 shares surrendered at $18.52 each = $11,705 (to satisfy withholding on vested restricted stock).
• Footnotes: F1 — RSUs awarded Jan 19, 2023 and vested after certification of 2025 performance over a 36-month cycle; F2 — 632 shares surrendered to satisfy withholding; F3 — shares are held in the reporting person's self-directed IRA; F4 — unrelated option vesting schedule listed for context.
• Shares owned after the transaction are not specified on this summary.

Context

• This was a vesting/settlement of performance RSUs (award), not an open-market buy or sell. The surrender of shares to cover taxes is a routine administrative action (not a directional market trade). The RSU vesting indicates the company met the performance criteria certified by the Compensation Committee for the 2025 period.