Consumers Bancorp director exercises RSUs, gets new grant
Consumers Bancorp director Richard T. Kiko Jr reported routine equity compensation activity and updated holdings.
Rhea-AI Filing Summary
Consumers Bancorp director Richard T. Kiko Jr reported routine equity compensation activity and updated holdings. He exercised 801 performance-based restricted stock units into 801 shares of common stock on June 30, 2026, leaving him with 3,114.4443 common shares held directly. On July 1, 2026, he received a grant of 596 restricted stock units, each representing the right to one share of common stock, which are scheduled to vest in June 2027 if he continues serving on the board and meets attendance requirements. He also reports 13,583.108 common shares held indirectly as trustee of a spousal trust, which includes shares acquired through a dividend reinvestment plan.
Positive
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Insider Trade Summary
801 shares exercised/converted
Exercise
4 txns
Insider
Kiko Richard T Jr
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 — 3,114.4443 shares (Direct);
Common Stock — 13,583.108 shares (Indirect, Trustee, Spousal trust)
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 granted: 596 units
RSUs exercised: 801 units
Direct common shares after exercise: 3,114.4443 shares
+4 more
7 metrics
RSUs granted
596 units
Restricted Stock Units granted on July 1, 2026
RSUs exercised
801 units
Performance-based RSUs converted to common stock on June 30, 2026
Direct common shares after exercise
3,114.4443 shares
Direct ownership following June 30, 2026 transaction
Indirect common shares
13,583.108 shares
Held as trustee of a spousal trust as of June 30, 2026
Derivative exercises count
1 transaction
Exercise or conversion of derivative security reported in summary
Derivative exercises shares
801 shares
ExerciseShares in transactionSummary for RSU conversion
Grant/award acquisitions
1 transaction
RSU grant coded as A, grant/award acquisition
Key Terms
Restricted Stock Units, Performance Based Vesting, dividend reinvestment plan, spousal trust, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
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.
spousal trust financial
"Trustee, Spousal trust"
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.
FAQ
What insider transactions did CBKM director Richard T. Kiko Jr report?
Richard T. Kiko Jr reported exercising 801 restricted stock units into common shares and receiving a grant of 596 new restricted stock units. These entries reflect routine equity compensation and an update to his share and unit holdings at Consumers Bancorp.
How many new restricted stock units did CBKM grant to Richard T. Kiko Jr?
He was granted 596 restricted stock units. Each unit represents the right to receive one share of Consumers Bancorp common stock at settlement, subject to vesting conditions tied to continued board service and meeting attendance requirements through June 2027.
When do Richard T. Kiko Jr’s new CBKM restricted stock units vest?
The 596 restricted stock units are scheduled to vest in June 2027. Vesting depends on Kiko meeting attendance requirements and remaining on the Consumers Bancorp board of directors through the vesting date, according to the filing’s footnote disclosure.
What indirect CBKM holdings does Richard T. Kiko Jr report?
He reports 13,583.108 Consumers Bancorp common shares held indirectly as trustee of a spousal trust. The filing notes this balance includes shares acquired through a dividend reinvestment plan, providing additional context for his total economic interest in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
