Goris Bradley 4

What Happened Goris Bradley, a director of Consumers Bancorp, had 801 restricted stock units (RSUs) convert/settle into 801 shares on 2026-06-30 (reported as a derivative conversion) and those 801 shares were reported as disposed the same date. On 2026-07-01 Bradley was granted 596 RSUs (award) at $0.00 per share — these RSUs represent the right to receive one share each if/when they vest.

Key Details

• Transaction dates: conversion/settlement and same-day disposition on 2026-06-30; grant of 596 RSUs on 2026-07-01.
• Prices/value reported: conversion/disposition listed at N/A; grant reported at $0.00 per RSU (acquisition value $0).
• Nature of instruments: RSUs — each RSU converts to one share at settlement (footnote). The 596 RSUs awarded are restricted units, not immediate free shares.
• Vesting condition: the 596 RSUs will vest in June 2027 subject to meeting attendance requirements and continued Board service.
• Filing timeliness: filing dated 2026-07-02 for a 6/30/2026 report — no late-filing flag shown in the provided data.
• Shares owned after transaction: not specified in the provided excerpt. Footnote also notes some ownership counts may include shares from a dividend reinvestment plan.

Context

• The 801-share conversion reflects settlement of RSUs on their scheduled vesting date; the same-day reported disposition could be a sale or tax-withholding but the filing does not specify which.
• The 596-RSU grant is a restricted award (economic equivalent of shares) that vests later if attendance and continued service conditions are met — this is a non-cash compensation award, not an open-market purchase.
• For retail investors, new purchases generally signal stronger insider conviction than awards or routine vesting; these transactions appear to be routine equity compensation activity rather than an outright market purchase or sale for investment purposes.