Consumers Bancorp (CBKM) director gets 596 RSUs as 801 awards vest into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCLELLAN LAURIE L reported acquisition or exercise transactions in this Form 4 filing.
Consumers Bancorp director Laurie L. McClellan reported compensation-related equity activity. She received a grant of 596 restricted stock units with performance-based vesting, each economically equivalent to one share of common stock, which are scheduled to vest in June 2027 if she remains on the board and meets attendance requirements.
Separately, 801 previously granted restricted stock units settled into 801 shares of common stock on their scheduled vesting date of June 30, 2026. Following these transactions, she holds 138,302.009 shares of common stock directly and 7,572 shares indirectly as trustee of a spousal trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Mixed
4 txns
Insider
MCCLELLAN LAURIE L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Performance Based Vesting) | 596 | $0.00 | -- |
| Exercise | Restricted Stock Units (Performance Based Vesting) | 801 | $0.00 | -- |
| Exercise | Common Stock | 801 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 596 shares (Direct);
Common Stock — 138,302.009 shares (Direct);
Common Stock — 7,572 shares (Indirect, Trustee, Spousal Trust)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date of 6-30-2026 The RSUs will vest in June 2027 based on meeting attendance requirements, assuming the Reporting Person remains on the Board of Directors on the vesting date. Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
Key Figures
New RSU grant: 596 units
RSUs settled: 801 units
Direct common shares after transactions: 138,302.009 shares
+3 more
6 metrics
New RSU grant
596 units
Performance-based restricted stock units granted to director
RSUs settled
801 units
Previously granted RSUs converted into common shares on June 30, 2026
Direct common shares after transactions
138,302.009 shares
Direct ownership following RSU settlement
Indirect common shares
7,572 shares
Held as Trustee, Spousal Trust
Exercise/settlement price
$0.0000 per unit
RSU grant and settlement recorded at no cash exercise price
Total RSU grant economic equivalence
596 common shares
Each RSU equals one share of common stock
Key Terms
Restricted Stock Units (Performance Based Vesting), grant/award acquisition, Exercise or conversion of derivative security, Trustee, Spousal Trust, +1 more
5 terms
Restricted Stock Units (Performance Based Vesting) financial
"Restricted Stock Units (Performance Based Vesting)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Trustee, Spousal Trust financial
"nature_of_ownership: Trustee, Spousal Trust"
performance based vesting financial
"Restricted Stock Units (Performance Based Vesting)"
FAQ
What insider transactions did CBKM director Laurie McClellan report on this Form 4?
Laurie McClellan reported a grant of 596 performance-based restricted stock units and the settlement of 801 previously granted units into 801 shares of Consumers Bancorp common stock as part of scheduled equity compensation events.
How many Consumers Bancorp (CBKM) RSUs were granted to Laurie McClellan?
She received 596 restricted stock units, each representing one share of Consumers Bancorp common stock. These awards are performance-based and are tied to meeting board attendance requirements through their scheduled vesting in June 2027.
When will Laurie McClellan’s new CBKM restricted stock units vest?
The 596 restricted stock units granted to Laurie McClellan will vest in June 2027, assuming she continues to serve on the Board of Directors and satisfies the specified meeting attendance requirements outlined in the award’s terms.
What happened to Laurie McClellan’s previously granted CBKM RSUs?
A block of 801 previously granted restricted stock units settled into 801 shares of Consumers Bancorp common stock on June 30, 2026, reflecting their scheduled vesting and conversion from derivative awards into directly held common shares.
Are Laurie McClellan’s recent CBKM transactions open-market buys or sells?
The reported transactions are not open-market trades. They consist of a grant of 596 restricted stock units and the settlement of 801 previously granted units into shares, both standard equity compensation mechanisms rather than discretionary market purchases or sales.