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CONSUMERS BANCORP INC /OH/·4

Jul 2, 3:30 PM ET

Chuckalovchak Kimberly K 4

Research Summary

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Consumers Bancorp (CBKM) SVP Kimberly Chuckalovchak Receives RSU Award

What Happened
Kimberly K. Chuckalovchak, SVP and Chief Information Officer of Consumers Bancorp (CBKM), had restricted stock units (RSUs) convert/settle into shares and received a performance-based RSU award. Transactions reported: 173 shares were converted/settled on 2026-06-30, 154 shares were listed as disposed on 2026-06-30 (derivative conversion), and 1,236 shares were reported as a grant/award acquired on 2026-07-01 at $0.00. In total the filing shows 1,409 shares acquired and 154 shares disposed; no cash purchase or sale value was reported.

Key Details

  • Transaction dates and types:
    • 2026-06-30 — Exercise/conversion (derivative): 173 shares acquired (N/A price)
    • 2026-06-30 — Exercise/conversion (derivative): 154 shares disposed (N/A price)
    • 2026-07-01 — Grant/award (A): 1,236 shares acquired at $0.00 (derivative/RSU)
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnotes of note:
    • F1: Each RSU converts to one share at settlement (these transactions represent scheduled vesting).
    • F2: Some shares include amounts from a dividend reinvestment plan.
    • F3: The 154 RSUs + 19 dividend equivalent units vested 06-30-26 (total 173).
    • F4: The 1,236-share award is performance-based (reported as the maximum); it vests based on FY2027 performance and then in 25% installments on 6/30 of 2028–2030 if employment continues. Payout could be 0–50% depending on performance.
  • Filing timeliness: Form filed 2026-07-02 for transactions through 2026-06-30/07-01; appears filed within standard Form 4 timing.

Context
This was primarily an RSU settlement and a reported performance RSU award, not an open-market buy or sale. The 154-share disposition is recorded but the filing does not explicitly state the reason (common reasons include tax withholding or share surrender, but the form here does not specify). The 1,236 shares are performance-based and represent the maximum possible payout; actual shares issuable will depend on future performance and continued employment.