Consumers Bancorp director receives RSU grant, settles awards
Gano Ann M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gano Ann M reported acquisition or exercise transactions in this Form 4 filing.
Consumers Bancorp director Ann M. Gano reported equity compensation activity. She received a grant of 596 Restricted Stock Units (RSUs) with performance-based vesting, each economically equivalent to one share of common stock and scheduled to vest in June 2027 if she remains on the Board and meets attendance requirements.
Separately, 801 RSUs previously granted were settled into 801 shares of Consumers Bancorp common stock on their scheduled vesting date of June 30, 2026. Following these transactions, she directly holds 5,856 shares of common stock and 596 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Exercise
3 txns
Insider
Gano Ann M
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 |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 596 contracts (Direct);
Common Stock — 5,856 shares (Direct)
Footnotes (3)
- 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. 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.
- F3. Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
Key Figures
New RSU grant: 596 units
RSUs settled into shares: 801 shares
Common stock holdings: 5,856 shares
+1 more
4 metrics
New RSU grant
596 units
Performance-based RSUs granted with June 2027 vesting
RSUs settled into shares
801 shares
RSUs converted to common stock on June 30, 2026
Common stock holdings
5,856 shares
Directly held after the reported transactions
RSUs outstanding
596 units
Unvested RSUs remaining after settlement of prior awards
Key Terms
Restricted Stock Units, Performance Based Vesting, Exercise or conversion of derivative security, economic equliavant of one share
4 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)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transactions did Ann M. Gano report for CBKM?
Ann M. Gano reported an equity grant and an RSU settlement. She received 596 new restricted stock units and had 801 previously granted RSUs convert into 801 shares of common stock upon vesting, reflecting routine director compensation activity.
What restricted stock units did Ann M. Gano receive from Consumers Bancorp (CBKM)?
She received 596 Restricted Stock Units with performance-based vesting. Each RSU is economically equivalent to one share of Consumers Bancorp common stock and is scheduled to vest in June 2027, contingent on meeting Board attendance requirements and continued Board service.
When did Ann M. Gano’s Consumers Bancorp RSUs convert into common stock?
801 Restricted Stock Units converted into 801 shares of Consumers Bancorp common stock on their scheduled vesting date of June 30, 2026. This settlement reflects the normal vesting of prior equity awards granted to her as a director.
Are Ann M. Gano’s new Consumers Bancorp RSUs subject to vesting conditions?
Yes. The 596 newly granted RSUs will vest in June 2027 based on meeting attendance requirements, assuming Ann M. Gano remains on the Consumers Bancorp Board of Directors on the vesting date, according to the Form 4 footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
