Consumers Bancorp (CBKM) director gains 596 RSUs and 801 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consumers Bancorp director Shawna L’italien reported equity compensation activity. She received a grant of 596 restricted stock units, each economically equivalent to one share of common stock, that is scheduled to vest in June 2027 based on meeting attendance and continued board service.
Separately, 801 previously granted restricted stock units vested and were settled into 801 shares of common stock on their scheduled vesting date of June 30, 2026. After these transactions, she directly holds 7,383.423 shares of common stock, including shares acquired through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Mixed
3 txns
Insider
L'italien Shawna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Performance Based Vesting) | 596 | $0.00 | -- |
| Exercise | Restricted Stock Units (Performance Based Vesting) | 801 | $0.00 | -- |
| Exercise | Common Stock | 801 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 596 shares (Direct);
Common Stock — 7,383.423 shares (Direct)
Footnotes (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 of 6-30-2026 Includes shares acquired through dividend reinvestment plan 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. Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
Key Figures
RSUs granted: 596 units
New RSU vesting date: June 2027
RSUs settled into shares: 801 shares
+2 more
5 metrics
RSUs granted
596 units
Restricted Stock Units (Performance Based Vesting) grant
New RSU vesting date
June 2027
RSUs vest based on meeting attendance and board service
RSUs settled into shares
801 shares
Settlement of RSUs into common stock on June 30, 2026
Shares held after transactions
7,383.423 shares
Direct common stock ownership following Form 4 transactions
RSU grant price
$0.0000 per unit
Equity compensation grant, no cash paid by director
Key Terms
Restricted Stock Units (Performance Based Vesting), dividend reinvestment plan, scheduled vesting date, meeting attendance requirements
4 terms
Restricted Stock Units (Performance Based Vesting) financial
"security_title: 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.
scheduled vesting date financial
"settlement of restricted stock units in shares of common stock on their scheduled vesting date of 6-30-2026"
meeting attendance requirements financial
"The RSUs will vest in June 2027 based on meeting attendance requirements"
FAQ
What equity awards did Consumers Bancorp (CBKM) director Shawna L’italien receive?
Shawna L’italien received a grant of 596 restricted stock units, each equal to one share of Consumers Bancorp common stock. These RSUs are part of her director compensation and vest over time based on continued board service and meeting attendance.
When do Shawna L’italien’s new Consumers Bancorp RSUs vest?
The 596 restricted stock units granted to Shawna L’italien are scheduled to vest in June 2027. Vesting depends on meeting attendance requirements and her remaining on the Consumers Bancorp board of directors through the vesting date as described in the filing footnotes.
What happened to Shawna L’italien’s previously granted RSUs at Consumers Bancorp (CBKM)?
Previously granted restricted stock units totaling 801 units vested and were settled into 801 shares of Consumers Bancorp common stock on June 30, 2026. This reflects the scheduled vesting and settlement of performance-based RSUs into ordinary shares, not an open-market stock purchase.
Does the Form 4 for Consumers Bancorp (CBKM) show any open-market stock sales or purchases?
The Form 4 shows equity compensation activity, not open-market trades. It reports the grant of 596 restricted stock units and the vesting and settlement of 801 restricted stock units into common shares, with no reported open-market buying or selling transactions by the director.