Consumers Bancorp (CBKM) awards 689 performance-based RSUs to risk chief
Rhea-AI Filing Summary
Karapasha Stephen G reported acquisition or exercise transactions in this Form 4 filing.
Consumers Bancorp reported that SVP and Chief Risk Officer Stephen G. Karapasha received a grant of 689 performance-based restricted stock units linked to common stock at a price of $0.0000 per unit. The award vests based on fiscal 2027 performance with additional 25% time-based installments on June 30, 2028, 2029 and 2030, and the 689 units represent the maximum shares payable; he may ultimately earn 0-50% of this amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Karapasha Stephen G
Role
SVP, Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Performance Based Vesting) F1 | 689 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 689 shares (Direct)
Footnotes (1)
- F1. The performance based RSUs will vest based on achievement of identified performance measures for fiscal year 2027, with additional time-based vesting in equal 25% installments on June 30, 2028, 2029 and 2030, assuming the Reporting Person remains continuously employed on the vesting dates. The amount reported represents the amount of shares payable at maximum performance; the Reporting Person could earn 0 - 50% of the amount reported depending on the level of performance achieved
Key Figures
Performance RSUs granted: 689 units
Grant price per unit: $0.0000
RSUs after transaction: 689 units
+2 more
5 metrics
Performance RSUs granted
689 units
Grant to SVP, Chief Risk Officer on 2026-08-03
Grant price per unit
$0.0000
Reported price for the performance-based RSU award
RSUs after transaction
689 units
Total performance-based RSUs held following the award
Potential payout range
0-50% of 689 units
Range of shares payable based on fiscal 2027 performance
Time-based vesting dates
June 30, 2028, 2029, 2030
Equal 25% installments subject to continued employment
Key Terms
Restricted Stock Units, performance based vesting, time-based vesting, fiscal year 2027
4 terms
Restricted Stock Units financial
"Security title is "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) tied to common stock"
time-based vesting financial
"with additional time-based vesting in equal 25% installments"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
fiscal year 2027 financial
"will vest based on achievement of identified performance measures for fiscal year 2027"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did CBKM grant to Stephen G. Karapasha?
Consumers Bancorp granted 689 performance-based restricted stock units to SVP and Chief Risk Officer Stephen G. Karapasha. The units are tied to common stock and reported at a $0.0000 grant price per unit, representing the maximum potential shares payable under the award.
How do the CBKM performance-based RSUs for Karapasha vest?
The RSUs will vest based on fiscal year 2027 performance, with additional time-based vesting in equal 25% installments on June 30, 2028, 2029 and 2030. Continuous employment through each vesting date is required for the respective installment to vest.
What is the potential payout range of Stephen Karapasha’s CBKM RSU award?
The 689-unit award reflects the maximum shares payable. Depending on fiscal 2027 performance, Stephen G. Karapasha may ultimately earn between 0% and 50% of the reported 689 units, meaning the realized share payout could be significantly lower than the maximum.
What type of security was reported in the CBKM Form 4 for Karapasha?
The filing reports Restricted Stock Units (Performance Based Vesting) tied to Consumers Bancorp common stock. These are derivative securities that convert into common shares upon satisfaction of specified performance conditions and time-based vesting requirements described in the award terms.
What are Stephen Karapasha’s reported RSU holdings in CBKM after this grant?
After the reported transaction, Stephen G. Karapasha holds 689 performance-based RSUs linked to Consumers Bancorp common stock. This figure reflects the maximum units under the new award as of August 3, 2026, and is reported as direct beneficial ownership in the filing.