Consumers Bancorp director receives and settles RSUs
Gerzina Joseph A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gerzina Joseph A reported acquisition or exercise transactions in this Form 4 filing.
Consumers Bancorp director Joseph A. Gerzina reported equity compensation activity. On June 30, 2026, 801 restricted stock units with performance-based vesting settled into 801 shares of common stock on their scheduled vesting date. Following this settlement, he directly owned 7,334 common shares.
On July 1, 2026, he received a grant of 596 new restricted stock units, each economically equivalent to one share of Consumers Bancorp common stock. These RSUs will vest in June 2027 based on attendance requirements, assuming he remains on the Board of Directors through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Exercise
3 txns
Insider
Gerzina Joseph A
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 — 7,334 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 achievement of 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
RSUs granted: 596 units
RSUs settled: 801 units
Common shares owned: 7,334 shares
+2 more
5 metrics
RSUs granted
596 units
Restricted stock units granted on July 1, 2026
RSUs settled
801 units
Performance-based RSUs settled into common stock on June 30, 2026
Common shares owned
7,334 shares
Direct ownership after June 30, 2026 settlement
RSU-to-share ratio
1:1
Each restricted stock unit equals one share of common stock
RSU vesting date
June 2027
New 596 RSUs vest based on attendance requirements
Key Terms
Restricted Stock Units (Performance Based Vesting), derivative security, attendance requirements, scheduled vesting date
4 terms
Restricted Stock Units (Performance Based Vesting) financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
attendance requirements financial
"The RSUs will vest in June 2027 based on achievement of attendance requirements"
scheduled vesting date financial
"represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date of 6-30-2026"
FAQ
What insider transactions did CBKM director Joseph A. Gerzina report?
Joseph A. Gerzina reported settlement of 801 restricted stock units into common stock and a new grant of 596 restricted stock units. Both transactions are equity compensation events tied to his service on the Consumers Bancorp Board of Directors.
What are the terms of the 596 restricted stock units granted to CBKM director Gerzina?
Gerzina received 596 restricted stock units that each represent one share of Consumers Bancorp common stock. These RSUs will vest in June 2027 based on attendance requirements, provided he remains on the Board of Directors through the specified vesting date.
What happened to the 801 performance-based restricted stock units at Consumers Bancorp?
The 801 performance-based restricted stock units settled into 801 shares of Consumers Bancorp common stock on their scheduled vesting date of June 30, 2026. This transaction reflects conversion of previously awarded units into directly owned common shares.
Do the reported CBKM Form 4 transactions involve open-market buying or selling?
The reported transactions involve equity compensation, not open-market trading. They include settlement of 801 restricted stock units into common shares and a grant of 596 new restricted stock units, both recorded as acquisitions rather than market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
