Consumers Bancorp (CBKM) Director Increases Stake via Dividend Reinvestment

Rhea-AI Filing Summary

David R. Bickerton, a director of Consumers Bancorp Inc. (CBKM), reported purchases of the issuer's common stock on 09/17/2025. The filing shows two purchases: 100 shares at $21.815 and 125 shares at $21.78, completed under transaction code P. After these transactions, Bickerton's reported beneficial ownership is shown as 3,878.4297 shares following the first purchase and 4,003.4297 shares following the second purchase. The filing notes the share totals include fractional shares acquired through the company’s dividend reinvestment plan. No derivative transactions or other dispositions are reported.

Positive

• Director purchased shares, demonstrating continued insider ownership and alignment with shareholders
• Purchases executed via dividend reinvestment plan, indicating routine, policy-driven accumulation rather than opportunistic trading
• Form 4 is complete and signed, satisfying Section 16 reporting requirements

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchases are modest and driven by dividend reinvestment, indicating routine ownership accumulation rather than a material stake change.

These two small open-market purchases (or plan purchases) totaling 225 shares at roughly $21.79 per share increase the director’s holding to about 4,003.43 shares. The filing explicitly states fractional shares arose from the dividend reinvestment plan, which explains non-integer holdings. From a market-impact perspective, the transactions are immaterial to the company’s capitalization and do not represent a significant change in control or a material shift in insider exposure.

Corporate Governance Expert

TL;DR: Routine insider activity consistent with director participation in a dividend reinvestment plan; governance disclosure appears complete.

The Form 4 identifies David R. Bickerton as a director and reports two purchases on the same date using transaction code P, which indicates plan-based purchases. The form is signed and dated, lists direct ownership, and includes the explanatory note about the dividend reinvestment plan. There are no red flags such as undisclosed related-party transactions or derivative exercises. Disclosure meets Section 16 reporting requirements for these transactions.

Insider Trade Summary

Net Buyer: 225 shares ($4,904)

Net Buy 2 txns

Insider Bickerton David R

Role Director

Bought 225 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100	$21.815	$2K
Purchase	Common Stock	125	$21.78	$3K

Holdings After Transaction: Common Stock — 3,878.43 shares (Direct)

Footnotes (1)

1. Includes shares acquired through dividend reinvestment plan Includes shares acquired through dividend reinvestment plan

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bickerton David R

(Last) (First) (Middle)

15372 STRADER RD

(Street)

EAST LIVERPOOL OH 43920

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CONSUMERS BANCORP INC /OH/ [ CBKM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2025		P		100	A	$21.815	3,878.4297(1)	D
Common Stock	09/17/2025		P		125	A	$21.78	4,003.4297(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes shares acquired through dividend reinvestment plan

2. Includes shares acquired through dividend reinvestment plan

	/s/David Bickerton	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did David R. Bickerton report on Form 4 for CBKM?

He reported two purchases on 09/17/2025: 100 shares at $21.815 and 125 shares at $21.78, increasing his beneficial ownership to about 4,003.4297 shares.

Were these transactions part of a trading plan or dividend reinvestment?

The filing notes that the reported share amounts include fractional shares acquired through the company’s dividend reinvestment plan.

Did the Form 4 report any option exercises or derivative transactions for CBKM?

No. Table II lists no derivative securities; only non-derivative common stock purchases are reported.

What is the relationship of the reporting person to Consumers Bancorp (CBKM)?

David R. Bickerton is a director of the issuer, as indicated on the form.

Are the reported transactions likely material to investors?

No. The purchases total 225 shares and are immaterial relative to typical public company capitalization, per the filing details.