Consumers Bancorp EVP settles 1,217 RSUs into stock
Consumers Bancorp EVP and Senior Loan Officer Scott E. Dodds reported compensation-related equity activity involving restricted stock units that vested into common stock.
Rhea-AI Filing Summary
Consumers Bancorp EVP and Senior Loan Officer Scott E. Dodds reported compensation-related equity activity involving restricted stock units that vested into common stock. He exercised or settled awards covering 1,217 shares of common stock through derivative conversions on June 26, 2026.
As part of the vesting, 233 shares were withheld to satisfy tax obligations, which is a non-market disposition and does not represent an open-market sale. Footnotes note that some shares were originally granted in 2022 and 2025 and that his holdings include shares from a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,217 shares exercised/converted
Exercise
5 txns
Insider
DODDS SCOTT E
Role
EVP, Senior Loan Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Performance Based Vesting) | 439 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (Performance Based Vesting) | 778 | $0.00 | $0.00 |
| Exercise | Common Stock | 493 | $0.00 | $0.00 |
| Exercise | Common Stock | 778 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 233 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 0 contracts (Direct);
Common Stock — 17,468.706 shares (Direct)
Footnotes (5)
- 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 6-26-2026
- F2. Includes shares acquired through dividend reinvestment plan
- F3. This award was granted 10-27-22. 439 restricted stock units plus an additional 54 dividend equivalent units subject to the award vested 06-26-26.
- F4. Represents shares witheld to cover applicable withholding taxes in connection with vesting of restricted stock units.
- F5. This award was granted 07/01/2025. 778 Restricted stock units subject to vest 06/26/2026
Key Figures
RSU-derived common shares: 1,217 shares
Tax withholding shares: 233 shares
RSU conversion block 1: 778 shares
+3 more
6 metrics
RSU-derived common shares
1,217 shares
Total common shares from derivative exercises on June 26, 2026
Tax withholding shares
233 shares
Shares withheld to cover taxes on RSU vesting
RSU conversion block 1
778 shares
Restricted stock units converted into common stock
RSU conversion block 2
439 shares
Restricted stock units converted into common stock
Exercise transactions
2 transactions
Derivative exercises/conversions recorded in transaction summary
Tax-withholding transactions
1 transaction
Non-derivative disposition for withholding taxes
Key Terms
Restricted Stock Units, dividend reinvestment plan, withholding taxes, dividend equivalent units
4 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.
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.
withholding taxes financial
"Represents shares witheld to cover applicable withholding taxes in connection with vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
dividend equivalent units financial
"439 restricted stock units plus an additional 54 dividend equivalent units subject to the award vested"
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 transactions did CBKM executive Scott E. Dodds report?
Scott E. Dodds reported vesting of restricted stock units converting into 1,217 common shares. These transactions on June 26, 2026 reflect equity compensation settlement rather than open-market trading, with a portion of shares withheld to cover tax obligations.
What do the CBKM Form 4 footnotes say about Scott Dodds’ RSUs?
Footnotes explain each RSU represents one share of common stock at settlement. They detail grants from 2022 and 2025, vesting on June 26, 2026, and note that holdings include shares acquired through a dividend reinvestment plan tied to Consumers Bancorp stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
