DAVIS CYNTHIA H 4

What Happened
Cynthia H. Davis, a director of Citizens, Inc. (ticker: CIA), acquired a total of 261.56 shares through four small purchases between Jan. 30 and Apr. 7, 2026, spending roughly $1,349 in aggregate. Transactions include three small fractional acquisitions reported as late (coded "L") and one open-market purchase (coded "P"). Purchases are buy transactions (more informative than routine sales) but are relatively small in dollar amount.

Key Details

• Filing date: 2026-04-20 (Period of Report: 2026-01-30). Several transactions are marked late (transactionTimeliness = "L").
• Transactions:
  • 2026-01-30 — 53.219 sh @ $5.61 = $299 (small acquisition, L)
  • 2026-02-27 — 53.262 sh @ $5.60 = $298 (small acquisition, L)
  • 2026-03-25 — 100 sh @ $4.53 = $453 (open market purchase, P)
  • 2026-04-07 — 55.079 sh @ $5.42 = $299 (small acquisition, L)
• Total acquired: 261.560 shares for ~$1,349.
• Shares owned after the transactions: not specified in the filing.
• Notable flags: multiple "L" timeliness codes indicate the Form 4 reported some transactions after the usual reporting window; one transaction coded "P" denotes an open-market purchase.

Context
These are small-dollar purchases and include fractional-share transactions; such buys can reflect routine plan activity or personal purchases but the filing does not state the reason. Late reporting reduces the immediacy of the disclosure for investors; the transactions themselves were purchases, which retail investors often watch closely, though the amounts here are modest.