RSU vesting grants Consumers Bancorp (CBKM) SVP 216 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consumers Bancorp senior vice president Derek G. Williams reported routine equity compensation activity rather than open-market trading. On June 30, 2026, he exercised performance-based restricted stock units, receiving 216 shares of Common Stock at $0.00 per share, reflecting the scheduled settlement of previously granted awards, including dividend equivalents. Following the transaction, he directly holds 13,812.375 shares of Consumers Bancorp common stock and has an additional 100 shares reported as indirectly owned for a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
192 shares exercised/converted
Mixed
3 txns
Insider
WILLIAMS DEREK G
Role
SVP, Retail Operations & Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Performance Based Vesting) | 192 | $0.00 | -- |
| Exercise | Common Stock | 216 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 0 shares (Direct);
Common Stock — 13,812.375 shares (Direct);
Common Stock — 100 shares (Indirect, Child)
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. Includes shares acquired through dividend reinvestment plan This award was granted 10-27-22. 192 restricted stock units plus an additional 24 dividend equivalent units subject to the award vested 06-30-26.
Key Figures
Common shares acquired: 216 shares
RSUs exercised: 192 units
Direct holdings after transaction: 13,812.375 shares
+3 more
6 metrics
Common shares acquired
216 shares
Common Stock received on June 30, 2026 from RSU settlement
RSUs exercised
192 units
Restricted Stock Units (Performance Based Vesting) exercised into common stock
Direct holdings after transaction
13,812.375 shares
Total Consumers Bancorp common stock directly owned after June 30, 2026
Indirect child holdings
100 shares
Common Stock reported as indirectly owned for a child
Exercise price
$0.00 per share
Price for RSU-to-common-stock conversion on June 30, 2026
Dividend equivalent units vested
24 units
Additional units subject to the 10-27-22 award that vested 06-30-26
Key Terms
Restricted Stock Units (Performance Based Vesting), dividend reinvestment plan, dividend equivalent units
3 terms
Restricted Stock Units (Performance Based Vesting) financial
"security_title: "Restricted Stock Units (Performance Based Vesting)""
dividend reinvestment plan financial
"Footnote states: "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.
dividend equivalent units financial
"Footnote notes "192 restricted stock units plus an additional 24 dividend equivalent units""
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
FAQ
What insider transaction did CBKM executive Derek G. Williams report?
Derek G. Williams reported exercising restricted stock units to receive 216 shares of Consumers Bancorp common stock at $0.00 per share. This reflects scheduled vesting of performance-based awards rather than an open-market purchase or sale of CBKM shares.
What type of equity award vested for CBKM executive Derek G. Williams?
The filing shows vesting and settlement of performance-based restricted stock units that converted into 216 shares of Consumers Bancorp common stock. Footnotes explain the award included 192 restricted stock units plus 24 dividend equivalent units that vested on June 30, 2026.