Form 4: Director Skarvan Acquires Citizens Community Bancorp Shares
Statement of Changes in Beneficial Ownership
Director Kathleen Skarvan acquired shares of Citizens Community Bancorp Inc. through two transactions on May 8, 2026.
Summary
- Director Kathleen Skarvan acquired 450 shares of Citizens Community Bancorp Inc. common stock at $21.13 per share on May 8, 2026.
- On the same date, she acquired an additional 300 shares at $21.20 per share.
- These shares are held indirectly through the PK Skarvan Trust, where Kathleen Skarvan and Paul Skarvan are trustees.
- Following these transactions, the total number of securities beneficially owned by Ms. Skarvan is 1,750 shares from the first transaction and 2,050 shares from the second transaction, with a disposition of 8,601 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral to slightly positive due to the director's acquisition of shares, balanced by a significant disposition of shares.
Positives
- Director Kathleen Skarvan demonstrated confidence in the company by acquiring additional shares.
- The acquisition of 750 shares in total indicates a belief in the company's value at the reported prices.
Negatives
- The filing indicates a disposition of 8,601 shares of common stock, which could suggest a reduction in direct holdings.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports changes in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider transactions, such as this Form 4 filing by Director Kathleen Skarvan, can provide signals to the market about management's confidence in the company's prospects. Acquisitions by directors often suggest a positive view of the stock's valuation.
Related Party Transactions
- The acquisition of shares by Director Kathleen Skarvan, held through the PK Skarvan Trust where she and Paul Skarvan are trustees, represents a transaction involving related parties.
Stakeholder Impact
- Shareholders may view the director's acquisition of shares positively, potentially signaling confidence in the company's future performance.
- The disposition of a larger number of shares could raise questions among shareholders regarding the director's overall stake and future intentions.
Key Dates
| Date | Description |
|---|---|
| 05/08/2026 | Transaction date for the acquisition of common stock by Director Kathleen Skarvan. |
| 05/11/2026 | Date of signature for the filing by Rebecca L. Johnson, Attorney-in-fact. |
Keywords
Citizens Community Bancorp, CZWI, Form 4, Insider Trading, Director Transaction, Stock Acquisition, Beneficial Ownership, PK Skarvan Trust
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