Consumers Bancorp director exercises 801 RSUs, gets grant
Consumers Bancorp director John W. Parkinson reported routine equity awards and an option-style exercise.
Rhea-AI Filing Summary
Consumers Bancorp director John W. Parkinson reported routine equity awards and an option-style exercise. On June 30, 2026, 801 performance-based restricted stock units settled into 801 shares of common stock on their scheduled vesting date, leaving him with 23,217.793 common shares held directly. The filing also shows 5,890 common shares held indirectly through his spouse, including shares acquired through a dividend reinvestment plan. On July 1, 2026, he received a new grant of 596 performance-based restricted stock units at no cost, which are scheduled to vest in June 2027 if he continues to meet board attendance requirements and remains on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Exercise
4 txns
Insider
Parkinson John W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Performance Based Vesting) | 596 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (Performance Based Vesting) | 801 | $0.00 | $0.00 |
| Exercise | Common Stock | 801 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 596 contracts (Direct);
Common Stock — 23,217.793 shares (Direct);
Common Stock — 5,890 shares (Indirect, Spouse)
Footnotes (4)
- F1. 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
- F2. Includes shares acquired through dividend reinvestment plan
- F3. 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.
- F4. Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
Key Figures
RSUs settled: 801 units
Shares received from RSUs: 801 shares
New RSU grant: 596 units
+3 more
6 metrics
RSUs settled
801 units
Performance-based restricted stock units settling into common stock on June 30, 2026
Shares received from RSUs
801 shares
Common stock received upon RSU settlement on scheduled vesting date
New RSU grant
596 units
Performance-based restricted stock units granted July 1, 2026, vesting June 2027
Direct common shares after transactions
23,217.793 shares
Direct Consumers Bancorp common stock holdings following June 30, 2026 exercise
Indirect common shares via spouse
5,890 shares
Indirect holdings through spouse, including dividend reinvestment plan shares
Derivative exercises in filing
801 shares
Exercise or conversion of derivative security as summarized in transaction data
Key Terms
Restricted Stock Units, Performance Based Vesting, dividend reinvestment plan, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units (Performance Based Vesting)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Based Vesting financial
"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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Spouse financial
"nature_of_ownership: "Spouse""
FAQ
What insider transactions did John W. Parkinson report at CONSUMERS BANCORP INC (CBKM)?
John W. Parkinson reported settlement of 801 performance-based restricted stock units into 801 common shares and a new grant of 596 restricted stock units. These entries reflect equity compensation and an option-style exercise rather than open-market buying or selling of Consumers Bancorp common stock.
What are the terms of the new 596 restricted stock units granted to John W. Parkinson at CBKM?
Parkinson received 596 performance-based restricted stock units, each economically equivalent to one share of Consumers Bancorp common stock. These units were granted at no cost and are scheduled to vest in June 2027, contingent on meeting attendance requirements and remaining on the board through the vesting date.
What happened to the 801 restricted stock units previously awarded to John W. Parkinson at CONSUMERS BANCORP INC?
The 801 restricted stock units previously awarded to Parkinson settled into 801 shares of Consumers Bancorp common stock on their scheduled vesting date of June 30, 2026. This is recorded as an exercise or conversion of a derivative security, moving value from RSUs into actual common shares.
How are John W. Parkinson’s indirect holdings in CONSUMERS BANCORP INC structured?
The filing shows 5,890 Consumers Bancorp common shares held indirectly through his spouse. A footnote notes that these indirect holdings include shares acquired through a dividend reinvestment plan, indicating ongoing accumulation of stock via automatic reinvestment of dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
