Form 4: Citizens, Inc. Director Claus Christopher W. Acquires Restricted Stock Units
SEC Form 4 Filing
Director Claus Christopher W. of Citizens, Inc. reports the acquisition of 14,035 restricted stock units on June 18, 2024, vesting on June 18, 2025.
Summary
- On June 21, 2024, a Form 4 filing was submitted to the SEC by Claus Christopher W., a director of Citizens, Inc.
- The filing reports a transaction that occurred on June 18, 2024, where Mr. Claus was granted 14,035 restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- These RSUs vest on June 18, 2025.
- Following the reported transaction, Mr. Claus beneficially owns 14,035 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock unit grants to a director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: Claus Christopher W. was granted 14,035 restricted stock units. |
| 06/18/2025 | Vesting date of the 14,035 restricted stock units. |
| 06/21/2024 | Date of Form 4 filing. |
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