Consumers Bancorp (CBKM) SVP Stephen G. Karapasha Receives Award

What Happened

• Stephen G. Karapasha, Senior Vice President and Chief Risk Officer of Consumers Bancorp, was granted 689 restricted stock units (RSUs) on 2026-08-03. The award is reported as a derivative acquisition (grant) at $0.00 per share — a typical equity award with no cash exchanged at grant.
• The 689 figure is the maximum number of shares that could be paid; actual shares received depend on performance and continued employment.

Key Details

• Transaction date: 2026-08-03; SEC filing date: 2026-08-04 (timely).
• Transaction type/code: A (Award/Grant) — performance-based RSUs (derivative).
• Amount granted: 689 RSUs; acquisition price reported $0.00.
• Vesting/ payout: Award vests based on achievement of fiscal 2027 performance measures and then additional time-based vesting in equal 25% installments on June 30, 2028, 2029 and 2030, subject to continuous employment.
• Performance range: The filing states the amount reported is the maximum; the reporting person could earn 0–50% of the reported amount depending on performance.
• Shares owned after the transaction: Not specified in the provided filing excerpt.

Context

• This is an equity award (RSUs), not an open-market purchase or sale, so it does not reflect an immediate bullish or bearish cash trade. Such grants are common for executive compensation and are contingent on performance and continued employment.