Form 4: Citizens Community Bancorp EVP James Broucek Buys Additional Shares

James Broucek, EVP/CFO/Treasurer/Secretary of Citizens Community Bancorp, recently purchased additional shares of the company's common stock.

Summary

• On August 7, 2024, James S. Broucek, EVP/CFO/Treasurer/Secretary of Citizens Community Bancorp Inc. [CZWI], purchased 200 shares of common stock at $12.21 per share and 200 shares of common stock at $12.17 per share.
• These purchases were made indirectly through his IRA.
• Following these transactions, Broucek directly owns 20,309 shares and indirectly owns 42,736 shares through his IRA.
• Broucek also holds options to purchase 8,000 shares of common stock at an exercise price of $13.60, which were granted under the company's 2008 Equity Incentive Plan and vested in installments between October 31, 2018, and October 31, 2022.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the purchase amount is relatively small and doesn't drastically alter the overall outlook.

Positives

• An executive purchasing shares can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider buying is often monitored by investors as an indicator of management's confidence in the company's prospects. It's a common practice for executives to hold and trade shares of their own company.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates