Kiko Richard T Jr 4

What Happened

• Richard T. Kiko Jr, a director of Consumers Bancorp, reported the settlement of 801 restricted stock units (RSUs) on June 30, 2026 (coded as conversion/exercise of a derivative). The filing also shows an immediate disposition of 801 shares on the same date (both entries coded M). On July 1, 2026 he was granted 596 RSUs (coded A) with no cash price ($0.00).
• The transactions involve RSU settlements and a new RSU award — there is no reported open-market purchase or a cash sale with a dollar value in this filing. The exercise/settlement entries list price as N/A; the new grant is recorded at $0.00.

Key Details

• Transaction dates: 6/30/2026 (801 RSUs settled and 801 shares disposed) and 7/1/2026 (596 RSU grant).
• Prices/values reported: settlement entries N/A; 596-share grant recorded at $0.00 (non-cash award).
• Shares owned after the transactions: not specified in the Form 4 filing.
• Footnotes from the filing:
  • F1: Each RSU = right to receive one share; the 6/30/2026 entry represents scheduled settlement of RSUs on their vesting date.
  • F3: The 596 RSUs granted will vest in June 2027 subject to meeting attendance requirements and continued service on the board.
  • F2/F4: filing notes include dividend reinvestment plan shares and that restricted stock awards are economic equivalents of common shares.
• Filing timeliness: Form 4 was filed on July 2, 2026 reporting the 6/30 and 7/1 transactions; the filing appears timely.

Context

• These entries are RSU settlements and a new RSU award — non-cash compensation rather than an open-market buy/sell. Such transactions are routine for executive/director compensation and do not by themselves indicate a change in the director’s market view.
• The paired settlement and disposition on 6/30 (conversion followed by a disposal of the same number of shares) is commonly seen in filings when shares are surrendered or transferred upon vesting; the Form 4 does not specify the reason or any cash proceeds.