CITIZENS, INC.·4

Jun 22, 11:30 AM ET

TAYLOR MARY 4

4 · CITIZENS, INC. · Filed Jun 22, 2026

Research Summary

AI-generated summary of this filing

Updated

CITIZENS (CIA) Director Mary Taylor Exercises RSUs, Receives Grant

What Happened

  • Mary Taylor, a director of Citizens, Inc. (CIA), had several small purchases of Class A common stock via the company Stock Investment Plan and on 6/17/2026 converted restricted stock units (RSUs) into 12,012 shares upon vesting. She was also granted 7,042 new RSUs on 6/17/2026. The five payroll purchases totaled ~455 shares for about $2,487.

Key Details

  • Small payroll purchases (Citizens Stock Investment Plan; F1):
    • 2026-01-30: 88.698 shares @ $5.61 = $498 (marked late, L)
    • 2026-02-27: 88.770 shares @ $5.60 = $497 (L)
    • 2026-04-07: 91.800 shares @ $5.42 = $498 (L)
    • 2026-05-05: 90.703 shares @ $5.48 = $497 (L)
    • 2026-05-29: 95.024 shares @ $5.23 = $497 (L)
    • Total from SIP purchases: ~454.995 shares, ~$2,487.
  • RSU vest/conversion and grant (derivative transactions):
    • 2026-06-17: Conversion/exercise of 12,012 RSUs into 12,012 shares (no cash price reported). These RSUs were granted on 6/17/2025 and vested on 6/17/2026 (F3).
    • 2026-06-17: New grant of 7,042 RSUs (no cash price); these RSUs vest on 6/17/2027 (F4).
  • Footnotes: F1 = purchases via payroll deduction; F2 = each RSU represents a contingent right to one share; F3/F4 describe grant and vesting dates above.
  • Shares owned after the reported transactions: not specified in the filing.
  • Timeliness: the listed SIP purchases are marked as late (transaction code L) in the filing.

Context

  • The 12,012-unit transaction reflects RSUs vesting and converting to common shares (transaction code M = exercise/conversion of derivative). The filing shows conversion to shares rather than an immediate sale (no sale reported).
  • The 7,042 RSU entry is a grant/award (A) and represents a contingent right to future shares upon vesting.
  • Payroll plan purchases are routine employee investment activity and are relatively small-dollar; they often reflect automatic deductions rather than a directional market bet.
  • This filing does not indicate Mary Taylor is a 10% owner; no sale proceeds or large cash transactions were reported.

Insider Transaction Report

Form 4
Period: 2026-01-30
TAYLOR MARY
Director
Transactions
  • Small Acquisition

    Citizens, Inc. Class A Common Stock

    [F1]
    2026-01-30$5.61/sh+88.698$49848,453.018 total
  • Small Acquisition

    Citizens, Inc. Class A Common Stock

    [F1]
    2026-02-27$5.60/sh+88.77$49748,541.788 total
  • Small Acquisition

    Citizens, Inc. Class A Common Stock

    [F1]
    2026-04-07$5.42/sh+91.8$49848,633.588 total
  • Small Acquisition

    Citizens, Inc. Class A Common Stock

    [F1]
    2026-05-05$5.48/sh+90.703$49748,724.291 total
  • Small Acquisition

    Citizens, Inc. Class A Common Stock

    [F1]
    2026-05-29$5.23/sh+95.024$49748,819.315 total
  • Exercise/Conversion

    Citizens, Inc. Class A Common Stock

    [F2]
    2026-06-17+12,01260,831.315 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-06-1712,0120 total
    Class A Common Stock (12,012 underlying)
  • Award

    Restricted Stock Units

    [F2][F4]
    2026-06-17+7,0427,042 total
    Class A Common Stock (7,042 underlying)
Footnotes (4)
  • [F1]These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
  • [F3]On June 17, 2025, the reporting person was granted 12,012 restricted stock units, vesting on June 17, 2026.
  • [F4]On June 17, 2026, the reporting person was granted 7,042 restricted stock units, vesting on June 17, 2027.
Signature
/s/Sheryl Kinlaw, Attorney-in-Fact|2026-06-22

Documents

1 file
  • 4
    wk-form4_1782142244.xmlPrimary

    FORM 4