Consumers Bancorp (CBKM) Director David Bickerton Receives 258 Shares

What Happened David R. Bickerton, a director of Consumers Bancorp, had restricted stock units (RSUs) converted/settled into common shares on 2026-09-28. The Form 4 shows two derivative-exercise/conversion entries (transaction code M), each for 129 shares, for a total of 258 shares acquired. The filing lists the price as N/A, indicating no cash price was reported for the settlement.

Key Details

• Transaction date: 2026-09-28 (reported same day; filing dated 2026-09-28) — not a late filing.
• Type: Derivative exercise/conversion (M) representing RSU settlement into common stock.
• Shares acquired: 129 + 129 = 258 shares; price per share: N/A (no cash amount reported).
• Footnotes: F1 — each RSU converts to one share at settlement; F3 — the award grant and vesting schedule note 129 RSUs vested on 6-30-2026 and additional 129 RSUs scheduled to vest on later dates assuming continued service.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context This was an RSU settlement (award vesting converted to shares), not an open-market buy or sale. Such transactions reflect routine compensation vesting rather than a directional buy/sell signal; no immediate sale or proceeds are reported here.