Consumers Bancorp CEO granted 7,099 performance RSUs

Lober Ralph J II reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Lober Ralph J II reported acquisition or exercise transactions in this Form 4 filing.

Consumers Bancorp CEO and President Ralph J. Lober II reported compensation-related equity activity. He received a grant of 7,099 performance-based restricted stock units, which can pay out based on fiscal 2027 performance and then vest in 25% installments on June 30 of 2028, 2029 and 2030. Separately, 1,373 previously granted restricted stock units plus 169 dividend equivalent units vested into 1,542 common shares, bringing his direct common stock holdings to 79,683.739 shares.

Insider Trade Summary

1,373 shares exercised/converted

Exercise 3 txns

Insider Lober Ralph J II

Role CEO & President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (Performance Based Vesting)	7,099	$0.00	$0.00
Exercise	Restricted Stock Units (Performance Based Vesting)	1,373	$0.00	$0.00
Exercise	Common Stock	1,542	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (Performance Based Vesting) — 7,099 contracts (Direct); Common Stock — 79,683.739 shares (Direct)

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.
F2. Includes shares acquired through dividend reinvestment plan
F3. This award was granted 10-27-22. 1,373 restricted stock units plus an additional 169 dividend equivalent units subject to the award vested 06-30-26.
F4. 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-based RSU grant: 7,099 units RSUs vested: 1,373 units Dividend equivalent units vested: 169 units +4 more

7 metrics

Performance-based RSU grant 7,099 units Grant reported for fiscal 2027 performance with later time-based vesting

RSUs vested 1,373 units Restricted stock units from 10-27-22 award vested on June 30, 2026

Dividend equivalent units vested 169 units Additional dividend equivalent units vested with the 10-27-22 award

Common shares received from vesting 1,542 shares Settlement of RSUs and dividend equivalent units on June 30, 2026

Shares held after transaction 79,683.739 shares Direct common stock holdings following June 30, 2026 settlement

Performance earn-out range 0–50% of reported RSUs Actual RSUs earned depend on fiscal 2027 performance level

Time-based vesting schedule 25% annually Installments on June 30 of 2028, 2029 and 2030 after performance test

Key Terms

Restricted Stock Units, dividend reinvestment plan, dividend equivalent units, performance based RSUs

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.

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.

dividend equivalent units financial

"1,373 restricted stock units plus an additional 169 dividend equivalent units subject to the award vested 06-30-26."

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.

performance based RSUs financial

"The performance based RSUs will vest based on achievement of identified performance measures for fiscal year 2027, with additional time-based vesting..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CBKM CEO Ralph J. Lober II report in this Form 4?

He reported equity compensation activity: a grant of 7,099 performance-based restricted stock units and the vesting of 1,373 restricted stock units plus 169 dividend equivalent units into 1,542 common shares, increasing his direct common stock holdings to 79,683.739 shares.

How many performance-based RSUs were granted to the CBKM CEO?

Ralph J. Lober II was granted 7,099 performance-based restricted stock units. The filing notes this amount represents the shares payable at maximum performance, and the actual shares earned could range from 0% to 50% of that figure depending on performance outcomes.

When will the new CBKM performance-based RSUs vest for the CEO?

The performance-based RSUs will vest based on fiscal year 2027 performance, then have additional time-based vesting in equal 25% installments on June 30, 2028, June 30, 2029 and June 30, 2030, assuming Ralph J. Lober II remains continuously employed on each vesting date.

What prior CBKM RSU award for the CEO vested on June 30, 2026?

An award granted on October 27, 2022 vested on June 30, 2026. It included 1,373 restricted stock units plus 169 dividend equivalent units, which settled in shares of common stock on their scheduled vesting date, for a total of 1,542 common shares received.

How many CBKM common shares does the CEO hold after these transactions?

Following the June 30, 2026 settlement, Ralph J. Lober II directly holds 79,683.739 shares of Consumers Bancorp common stock. This figure includes shares acquired through the vesting of restricted stock units and also includes shares accumulated under the dividend reinvestment plan, according to the disclosure.

Are the CBKM CEO’s recent equity transactions open-market buys or sales?

The reported transactions are not open-market buys or sales. They reflect a grant of performance-based restricted stock units and the exercise and settlement of previously granted restricted stock units into common shares as part of compensation, with no sale transactions disclosed in this Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 03:23 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lober Ralph J II

(Last)

(First)

(Middle)

9084 EMERALD ISLE ST NW

(Street)

CANAL FULTON

OHIO

44614

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CONSUMERS BANCORP INC /OH/ [ CBKM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		M		1,542	A	⁽¹⁾	79,683.739⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (Performance Based Vesting)	⁽¹⁾	06/30/2026		M			1,373	⁽³⁾	⁽³⁾	Common Stock	1,373	⁽¹⁾	0	D
Restricted Stock Units (Performance Based Vesting)	⁽⁴⁾	07/01/2026		A		7,099		⁽⁴⁾	⁽⁴⁾	Common Stock	7,099	$0	7,099	D

Explanation of Responses:

1. 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.

2. Includes shares acquired through dividend reinvestment plan

3. This award was granted 10-27-22. 1,373 restricted stock units plus an additional 169 dividend equivalent units subject to the award vested 06-30-26.

4. 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

	/s/Ralph J. Lober II	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR