Form 4: Citizens Community Bancorp VP Exercises Stock Options
Insider Transaction Report
Rebecca Johnson, Vice President and Controller of Citizens Community Bancorp Inc., acquired 2,000 shares of common stock through option exercise at $9.62 per share.
Summary
- Rebecca Johnson, Vice President/Controller of Citizens Community Bancorp Inc. (CZWI), exercised stock options on January 23, 2026.
- Johnson acquired 2,000 shares of common stock at an exercise price of $9.62 per share.
- Following this transaction, Johnson directly owns 6,954 shares of common stock.
- Johnson also indirectly holds 12,841 shares through the Citizens Community Federal 401(k) Profit Sharing Plan.
- The transaction was executed pursuant to a Rule 10b5-1(c) plan.
- The common stock options were awarded under the Company's 2008 Equity Incentive Plan and vested 20% annually from June 14, 2017, through June 14, 2021.
Sentiment
Score: 6
Explanation: The exercise of stock options by a company officer to acquire shares is generally viewed as a minor positive signal of confidence in the company's future. The transaction was pre-planned under a Rule 10b5-1 plan.
Positives
- An insider, Rebecca Johnson, acquired shares, which can signal confidence in the company's future prospects.
- The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned, non-discretionary transaction.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Policy Adherence | The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 01/23/2026 | Indicates adherence to insider trading compliance policies, as the transaction was pre-scheduled and non-discretionary. |
Stakeholder Impact
- Shareholders: May view the insider acquisition as a minor positive signal of management's confidence in the company's valuation and future prospects.
Key Dates
| Date | Description |
|---|---|
| 06/14/2017 | First vesting date for 20% of common stock options. |
| 06/14/2018 | Second vesting date for 20% of common stock options. |
| 06/14/2019 | Third vesting date for 20% of common stock options. |
| 06/14/2020 | Fourth vesting date for 20% of common stock options. |
| 06/14/2021 | Fifth and final vesting date for 20% of common stock options. |
| 01/23/2026 | Date of option exercise and acquisition of common stock. |
| 01/26/2026 | Date the Form 4 was signed and filed. |
| 06/14/2026 | Expiration date of the common stock options. |
Keywords
Citizens Community Bancorp, CZWI, Insider transaction, Stock options, Form 4, Rebecca Johnson, Equity incentive plan, Rule 10b5-1
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