Citizens director granted 7,042 RSUs

Citizens, Inc. director Michael Philip Harwood reported multiple share acquisitions.

Rhea-AI Filing Summary

Citizens, Inc. director Michael Philip Harwood reported multiple share acquisitions. On June 17, 2026, he received a grant of 7,042 restricted stock units with no purchase price, each representing one share of Class A common stock and vesting on June 17, 2027.

He also made three small acquisitions of Citizens Class A common stock through the company’s Stock Investment Plan via regular monthly payroll deductions, purchasing 91.8003 shares at $5.42 on April 7, 2026, 181.4070 shares at $5.48 on May 5, 2026, and 190.0489 shares at $5.23 on May 29, 2026. Following the May 29 transaction, his direct common stock holdings were 463.2562 shares, in addition to the 7,042 restricted stock units.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider HARWOOD MICHAEL PHILIP

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	7,042	$0.00	$0.00
Small Acquisition	Citizens, Inc. Class A Common Stock	190.0489	$5.23	$993.96
Small Acquisition	Citizens, Inc. Class A Common Stock	181.407	$5.48	$994.11
Small Acquisition	Citizens, Inc. Class A Common Stock	91.8003	$5.42	$497.56

Holdings After Transaction: Restricted Stock Units — 7,042 contracts (Direct); Citizens, Inc. Class A Common Stock — 463.2562 shares (Direct)

Footnotes (3)

1. F1. These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
3. F3. On June 17, 2026, the reporting person was granted 7,042 restricted stock units, vesting on June 17, 2027.

Key Figures

RSU grant: 7,042 units RSU vesting date: June 17, 2027 Payroll plan purchase: 91.8003 shares at $5.42 +5 more

8 metrics

RSU grant 7,042 units Restricted stock units granted June 17, 2026

RSU vesting date June 17, 2027 Vesting date for 7,042 restricted stock units

Payroll plan purchase 91.8003 shares at $5.42 Citizens Class A stock bought April 7, 2026

Payroll plan purchase 181.4070 shares at $5.48 Citizens Class A stock bought May 5, 2026

Payroll plan purchase 190.0489 shares at $5.23 Citizens Class A stock bought May 29, 2026

Common shares held 463.2562 shares Direct Class A holdings after May 29, 2026

Underlying shares for RSUs 7,042 shares Each RSU equal to one Class A share

RSU grant price $0.00 per unit No purchase price; compensation grant

Key Terms

Restricted Stock Units, Citizens, Inc. Stock Investment Plan, Rule 16a-6, payroll deduction

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A 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.

Citizens, Inc. Stock Investment Plan financial

"These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction."

Rule 16a-6 regulatory

"Small acquisition under Rule 16a-6"

payroll deduction financial

"purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction."

FAQ

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

What insider transactions did CIA director Michael Philip Harwood report?

Michael Philip Harwood reported receiving 7,042 restricted stock units and three small open-market-equivalent acquisitions through the Citizens, Inc. Stock Investment Plan. These plan purchases occurred in April, May, and late May 2026 at prices between $5.23 and $5.48 per share.

How many restricted stock units did CIA grant to director Harwood?

Harwood was granted 7,042 restricted stock units, each representing one share of Citizens, Inc. Class A common stock. The grant date was June 17, 2026, and the award vests in full on June 17, 2027, subject to the plan’s standard conditions.

At what prices did Michael Harwood acquire CIA Class A shares?

Harwood acquired CIA Class A shares at $5.42, $5.48, and $5.23 per share through regular payroll deductions. These purchases were made under the Citizens, Inc. Stock Investment Plan on April 7, May 5, and May 29, 2026, respectively.

How many CIA common shares does Harwood hold after these transactions?

After the May 29, 2026 transaction, Harwood directly held 463.2562 shares of Citizens, Inc. Class A common stock. This figure reflects cumulative shares acquired under the Stock Investment Plan, separate from his 7,042 unvested restricted stock units reported in the same filing.

When do Michael Harwood’s CIA restricted stock units vest?

Harwood’s 7,042 restricted stock units vest on June 17, 2027, one year after the grant date. Upon vesting, each unit entitles him to receive one share of Citizens, Inc. Class A common stock, assuming he meets applicable service or plan requirements.

What is the nature of Harwood’s CIA stock plan purchases?

The filing states that Harwood’s common stock purchases were made through the Citizens, Inc. Stock Investment Plan via regular monthly payroll deduction. This indicates a systematic accumulation of shares rather than discretionary, large one-time trades in the open market.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/22/2026 - 11:32 AM Learn about SEC filing dates

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^*

HARWOOD MICHAEL PHILIP

(Last) (First) (Middle)

11815 ALTERRA PARKWAY, SUITE 1500

(Street)

AUSTIN TEXAS 78758

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CITIZENS, INC. [ CIA ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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)
			Code	V	Amount	(A) or (D)	Price
Citizens, Inc. Class A Common Stock	04/07/2026		L(1)		91.8003	A	$5.42	91.8003	D
Citizens, Inc. Class A Common Stock	05/05/2026		L(1)		181.407	A	$5.48	273.2073	D
Citizens, Inc. Class A Common Stock	05/29/2026		L(1)		190.0489	A	$5.23	463.2562	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	06/17/2026		A		7,042		(3)	(3)	Class A Common Stock	7,042	$0	7,042	D

Explanation of Responses:

1. These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.

2. Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.

3. On June 17, 2026, the reporting person was granted 7,042 restricted stock units, vesting on June 17, 2027.

Remarks:

	/s/Sheryl Kinlaw, Attorney-in-Fact	06/22/2026
	** 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)