Gano Ann M 4

What Happened

• Ann M. Gano, a director of Consumers Bancorp, had 801 restricted stock units (RSUs) convert into 801 shares of common stock on 2026-06-30 (reported as a derivative exercise/conversion, code M). The filing shows those RSUs settled into shares on their scheduled vesting date.
• On 2026-07-01 she was granted 596 RSUs (code A) at $0.00. These RSUs are awards that will convert to shares if vesting conditions are met (see footnotes). The filing does not state dollar values; the economic value equals the market price of CBKM common stock when/if shares are issued.

Key Details

• Transaction dates and codes: 2026-06-30 — exercise/conversion of derivative (M) for 801 shares (settlement of RSUs); 2026-07-01 — grant/award (A) of 596 RSUs at $0.00.
• Price/consideration: Settlement conversion reported without a cash price; new RSUs granted at $0.00 (typical for equity compensation).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — the 801-RSU transaction represents scheduled settlement of RSUs into common stock on 6/30/2026. F2 — the 596 RSUs will vest in June 2027 based on meeting attendance requirements, provided she remains on the board. F3 — each restricted stock award is the economic equivalent of one share of common stock.
• Filing timeliness: Report filed 2026-07-02 for transactions on 6/30 and 7/1 — appears to be timely (Form 4 is generally due within two business days).

Context

• Code M typically denotes conversion/exercise of a derivative; here it reflects RSUs settling into actual shares on the vest date. Code A denotes a grant/award (future vesting).
• Grants and RSU settlements are standard director compensation and do not necessarily indicate buy/sell sentiment. No immediate sale of the settled shares is reported in this filing.
• The filing does not show tax-withholding or sale-for-tax purposes; no 10b5-1 plan or late filing flag is noted.