CBKM director granted 596 RSUs, exercises 801 units
Consumers Bancorp director David R. Bickerton reported compensation-related equity activity, primarily acquiring shares and awards rather than trading in the open market.
Rhea-AI Filing Summary
Consumers Bancorp director David R. Bickerton reported compensation-related equity activity, primarily acquiring shares and awards rather than trading in the open market. On June 30, 2026, he exercised 801 restricted stock units into 801 shares of common stock, leaving no remaining units from that grant and bringing his direct common stock holdings to 5,457.1902 shares, plus 200 shares held indirectly through his spouse. On July 1, 2026, he received a new grant of 596 performance-based restricted stock units, each economically equivalent to one share of common stock, which are scheduled to vest in June 2027 based on Board meeting attendance requirements and continued Board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Exercise
4 txns
Insider
Bickerton David R
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 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Performance Based Vesting) — 596 contracts (Direct);
Common Stock — 5,457.1902 shares (Direct);
Common Stock — 200 shares (Indirect, Spouse)
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 of 6-30-2026
- F2. Includes shares acquired through dividend reinvestment plan
- F3. 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.
- F4. Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
Key Figures
RSUs granted: 596 units
RSUs exercised: 801 units
Direct shares held: 5,457.1902 shares
+3 more
6 metrics
RSUs granted
596 units
Performance-based restricted stock units granted on July 1, 2026
RSUs exercised
801 units
Restricted stock units settled into common stock on June 30, 2026
Direct shares held
5,457.1902 shares
Common stock directly owned after June 30, 2026 transaction
Indirect shares (spouse)
200 shares
Common stock held indirectly through spouse as of June 30, 2026
New RSU vesting date
June 2027
Vesting of 596 performance-based RSUs subject to attendance and service
Derivative exercises
1 transaction, 801 shares
Exercise or conversion of derivative security reported in Form 4
Key Terms
Restricted Stock Units, Performance Based Vesting, dividend reinvestment plan, economic equivalent
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)"
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.
economic equivalent financial
"Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock"
FAQ
What insider transactions did CBKM director David R. Bickerton report on this Form 4?
David R. Bickerton reported exercising 801 restricted stock units into common shares and receiving a new grant of 596 performance-based restricted stock units. These transactions are compensation-related awards and exercises, not open-market share purchases or sales, and adjust his equity-based exposure to Consumers Bancorp.
What restricted stock unit grant did CBKM director Bickerton receive in July 2026?
On July 1, 2026, David R. Bickerton received a grant of 596 performance-based restricted stock units. Each unit is economically equivalent to one share of Consumers Bancorp common stock and is scheduled to vest in June 2027, subject to meeting Board attendance and continued service requirements.
What happened to the 801 Consumers Bancorp restricted stock units that vested in June 2026?
The 801 restricted stock units settled into 801 shares of Consumers Bancorp common stock on their scheduled vesting date of June 30, 2026. Following this settlement, there were no remaining units from that specific award, and Bickerton’s direct common stock holdings increased accordingly.
Are David R. Bickerton’s CBKM transactions open-market buys or sells?
The reported transactions are not open-market buys or sells. They consist of a grant of 596 restricted stock units and the exercise and settlement of 801 restricted stock units into common shares, reflecting equity compensation rather than discretionary trading in Consumers Bancorp stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
