Consumers Bancorp (CBKM) CIO Kimberly K. Chuckalovchak Receives 190 Shares

What Happened Kimberly K. Chuckalovchak, SVP and Chief Information Officer of Consumers Bancorp (CBKM), had restricted stock units convert/settle into 190 shares of common stock. The Form 4 (filed 2026-09-28) shows two derivative/settlement entries for 190 shares; the filing does not report a per‑share price or cash paid/received, so no total dollar value is provided. This was the settlement of compensation RSUs (not an open‑market purchase or sale).

Key Details

• Transaction date reported: 2026-09-28 (filing accession 0001437749-26-031385).
• Transaction type: Exercise/conversion of derivative (code M) — settlement of restricted stock units into shares.
• Shares involved: 190 shares (listed twice in the filing; appears to reflect RSU settlement).
• Price/Value: Not specified in the filing (N/A).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes:
  • F1: Each restricted stock unit (RSU) converts to one share at settlement.
  • F3: The award was granted 07-01-2025; 190 RSUs vested on 06-30-2026. An additional 190 RSUs are scheduled to vest on 06-30 of 2027, 2028, and 2029, assuming continued employment.
  • F2 notes inclusion of shares via dividend reinvestment plan (general disclosure in the filing).
• Timeliness: Filing date equals reported transaction date; note that F3 indicates the RSUs vested 06-30-2026 while the Form 4 shows settlement reported 09-28-2026.

Context This transaction reflects routine compensation vesting (RSU settlement) rather than a market buy or sale. Such awards are part of executive pay and do not necessarily signal immediate insider sentiment about the stock — no shares were reported sold in this filing. For investors, purchases or open‑market buys by insiders often carry clearer bullish signals than routine vesting events.