CIA.NYSECitizens, INC

Form 4: Citizens, Inc. Executive Robert M. Mauldin III Reports Stock Transactions

Sentiment:

SEC Form 4

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Robert M. Mauldin III, VP and Chief Marketing Officer of Citizens, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

  • Robert M. Mauldin III, VP, Chief Marketing Officer of Citizens, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On March 31, 2024, Mauldin acquired 6,187 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
  • Also on March 31, 2024, Mauldin acquired 12,668 shares of Class A Common Stock through the vesting of additional RSUs.
  • Disposals of 1,792 and 3,667 shares of Class A Common Stock occurred on March 31, 2024, at a price of $2.14.
  • On March 28, 2024, Mauldin was granted 57,391 RSUs under the 2023 Omnibus Incentive Plan and 32,710 RSUs under the 2024 long-term incentive plan, both vesting in three equal annual installments.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

Executive stock transactions are a normal part of corporate governance and are routinely disclosed to the SEC. These transactions can be influenced by factors such as vesting schedules, personal financial planning, and company performance.

Key Dates

DateDescription
03/28/2024Grant date of 57,391 RSUs under the 2023 Omnibus Incentive Plan and 32,710 RSUs under the 2024 long-term incentive plan.
03/31/2024Vesting of 6,187 RSUs and acquisition of corresponding shares of Class A Common Stock.
03/31/2024Vesting of 12,668 RSUs and acquisition of corresponding shares of Class A Common Stock.
03/31/2024Disposal of 1,792 shares of Class A Common Stock at $2.14.
03/31/2024Disposal of 3,667 shares of Class A Common Stock at $2.14.
04/02/2024Date of signature on the Form 4 filing.

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