Form 4: Consumers Bancorp SVP Kimberly Chuckalovchak Settles Restricted Stock Units

Kimberly Chuckalovchak, SVP and Chief Information Officer of Consumers Bancorp, settled restricted stock units into common stock on June 28, 2024.

Summary

• On June 28, 2024, Kimberly Chuckalovchak, SVP and Chief Information Officer of Consumers Bancorp, settled 154 restricted stock units into common stock.
• An additional 7 dividend equivalent rights (DER's) vested in connection with the restricted stock units.
• The transactions were executed under Transaction Code 'M'.
• Following the reported transactions, Ms. Chuckalovchak beneficially owns 3,782.359 shares of common stock.
• The restricted stock units were part of an award granted on October 27, 2022.
• Future vesting dates for the remaining restricted stock units are scheduled for June 30, 2025, and in 2026, contingent upon continued employment.

Sentiment

Score: 5

Explanation: This is a routine insider transaction related to equity compensation, with neutral implications.

Future Outlook

Remaining restricted stock units are scheduled to vest on June 30, 2025, and in 2026, contingent upon continued employment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the planned distribution of equity compensation.

Key Dates