Director Frank L. Paden boosts Consumers Bancorp (CBKM) stake via RSU grant and 801-share exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consumers Bancorp director Frank L. Paden reported equity compensation and an option exercise. He received a grant of 199 performance-based restricted stock units, each representing one share of Consumers Bancorp common stock, which are scheduled to vest in October 2026 based on Board meeting attendance. Paden also exercised 801 restricted stock units into 801 shares of common stock on June 30, 2026, a scheduled vesting and settlement event, bringing his direct common stock holdings to 13,475.866 shares, including shares acquired through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Mixed
3 txns
Insider
PADEN FRANK L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Performance Based Vesting) | 199 | $0.00 | -- |
| Exercise | Restricted Stock Units (Performance Based Vesting) | 801 | $0.00 | -- |
| Exercise | Common Stock | 801 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 199 shares (Direct);
Common Stock — 13,475.866 shares (Direct)
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 Includes shares acquired through dividend reinvestment plan The RSUs will vest in October 2026 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: 199 units
RSUs exercised: 801 units
Shares after transactions: 13,475.866 shares
+2 more
5 metrics
New RSU grant
199 units
Performance-based restricted stock units granted to director
RSUs exercised
801 units
Restricted stock units settled into common stock on June 30, 2026
Shares after transactions
13,475.866 shares
Director’s direct common stock holdings following exercise
RSU-to-share ratio
1:1
Each restricted stock unit equals one share of common stock
RSU vesting date
October 2026
New 199 RSUs vest based on Board meeting attendance
Key Terms
Restricted Stock Units (Performance Based Vesting), dividend reinvestment plan, grant, award, or other acquisition, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units (Performance Based Vesting) financial
"security_title: Restricted Stock Units (Performance Based Vesting)"
dividend reinvestment plan financial
"Includes shares acquired through dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
performance based vesting financial
"Restricted Stock Units (Performance Based Vesting)"
FAQ
What insider transactions did Frank L. Paden report for CONSUMERS BANCORP INC (CBKM)?
Frank L. Paden reported a grant of 199 performance-based restricted stock units and the exercise of 801 restricted stock units into 801 shares of common stock, increasing his direct holdings to 13,475.866 shares, including shares obtained through the dividend reinvestment plan.
What are the terms of Frank L. Paden’s new 199 restricted stock units in CBKM?
The new 199 restricted stock units each represent the right to receive one share of CONSUMERS BANCORP common stock. They are scheduled to vest in October 2026, contingent on meeting Board meeting attendance requirements and his continued service on the Board through the vesting date.
Was Frank L. Paden’s exercise of 801 CBKM restricted stock units a market purchase?
No, the 801-share increase came from the exercise and settlement of previously granted restricted stock units at a stated price of $0.00 per share. This reflects equity compensation vesting rather than an open-market purchase of CONSUMERS BANCORP common stock by the director.
Are Frank L. Paden’s CBKM holdings affected by a dividend reinvestment plan?
Yes. The filing states his reported holdings include shares acquired through a dividend reinvestment plan. This means some of his 13,475.866 CONSUMERS BANCORP common shares were accumulated automatically as dividends were reinvested into additional stock over time.