Bickerton David R 4

What Happened David R. Bickerton, a director of Consumers Bancorp, had 801 restricted stock units (RSUs) settle into common shares on their scheduled vesting date (6/30/2026). Those derivative units were converted/closed out (reported as an exercise/conversion). On 7/1/2026 he received a grant of 596 restricted stock units (reported as an award) with no cash price ($0.00).

Key Details

• Transactions filed: Form 4 filed 2026-07-02 (covers events through 6/30/2026 and 7/1/2026); filing appears timely.
• 6/30/2026: Settlement of 801 RSUs into common stock (derivative conversion; price N/A).
• 7/01/2026: Grant of 596 RSUs at $0.00 (award).
• Shares owned after the transactions: not specified in this filing.
• Footnotes of note:
  • F1: The 6/30 event is the scheduled settlement of RSUs to common shares.
  • F2: Ownership totals (where reported) may include shares from a dividend reinvestment plan.
  • F3: The 596 RSUs will vest in June 2027 based on meeting attendance, provided he remains on the board.
  • F4: Each restricted stock award is economically equivalent to one common share.
• No open‑market purchase or sale of shares was reported — these are compensation/settlement events, not cash trades.

Context RSU settlements convert prior awards into actual shares (no cash paid by the insider); the new 596 RSUs are unvested and tied to future attendance and continued board service. Such awards are routine director compensation and do not by themselves indicate a buy/sell market signal.