Form 4: Consumers Bancorp SVP Hillary Hudak Reports Stock Transactions

Hillary Hudak, SVP and Chief People Officer at Consumers Bancorp, reports the settlement of restricted stock units and dividend equivalent rights into common stock.

Summary

• On June 28, 2024, Hillary Hudak, SVP and Chief People Officer of Consumers Bancorp INC /OH/, reported transactions involving common stock.
• Hudak settled 188 restricted stock units, receiving 188 shares of common stock.
• Additionally, 8 dividend equivalent rights were settled, resulting in 8 shares of common stock.
• Following these transactions, Hudak beneficially owns 4,141.609 shares of common stock.
• The restricted stock units were part of an award granted on October 27, 2022, with future vesting dates scheduled for June 30, 2025, and June 30, 2026, assuming continued employment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The document mentions future vesting dates for restricted stock units in June 2025 and June 2026, contingent upon continued employment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine vesting of previously granted equity.

Key Dates