Citizens (NYSE: CIA) director exercises 12,012 RSUs and receives 7,042-unit equity grant
Rhea-AI Filing Summary
CITIZENS, INC. director Cynthia H. Davis reported compensation-related equity activity and small share purchases. On June 17, 2026, she exercised 12,012 restricted stock units, receiving the same number of Class A common shares, and was granted a new award of 7,042 restricted stock units that each represent a right to one Class A share and vest on June 17, 2027. Earlier, on May 5 and May 29, 2026, she made small acquisitions of 54.4212 and 57.0133 Class A shares through the Citizens, Inc. Stock Investment Plan via regular payroll deductions. Following these transactions, Davis directly holds 58,251.5853 Class A shares and has an additional 100 shares held indirectly through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,123.4345 shares
Net Buy
6 txns
Insider
DAVIS CYNTHIA H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,012 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 7,042 | $0.00 | $0.00 |
| Exercise | Citizens, Inc. Class A Common Stock | 12,012 | $0.00 | $0.00 |
| Small Acquisition | Citizens, Inc. Class A Common Stock | 57.0133 | $5.23 | $298.18 |
| Small Acquisition | Citizens, Inc. Class A Common Stock | 54.4212 | $5.48 | $298.23 |
| holding | Citizens, Inc. Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,042 shares (Direct);
Citizens, Inc. Class A Common Stock — 58,251.5853 shares (Direct);
Citizens, Inc. Class A Common Stock — 100 shares (Indirect, Spouse)
Footnotes (4)
- F1. These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
- F2. Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
- F3. On June 17, 2025, the reporting person was granted 12,012 restricted stock units, vesting on June 17, 2026.
- F4. On June 17, 2026, the reporting person was granted 7,042 restricted stock units, vesting on June 17, 2027.
Key Figures
RSUs exercised: 12,012 shares
New RSU grant: 7,042 units
Payroll plan purchase 1: 54.4212 shares at $5.48
+3 more
6 metrics
RSUs exercised
12,012 shares
Restricted stock units converted to Class A common on June 17, 2026
New RSU grant
7,042 units
Restricted stock units granted June 17, 2026, vesting June 17, 2027
Payroll plan purchase 1
54.4212 shares at $5.48
Class A shares acquired May 5, 2026 via Stock Investment Plan
Payroll plan purchase 2
57.0133 shares at $5.23
Class A shares acquired May 29, 2026 via Stock Investment Plan
Direct holdings after transactions
58,251.5853 shares
Citizens Class A common stock directly owned after June 17, 2026
Indirect spouse holdings
100 shares
Citizens Class A common stock held indirectly through spouse
Key Terms
Restricted Stock Units, Stock Investment Plan, Rule 16a-6
3 terms
Restricted Stock Units financial
"The filing reports transactions involving Restricted Stock Units that convert into 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.
Stock Investment Plan financial
"Shares were purchased through the Citizens, Inc. Stock Investment Plan as part of monthly payroll deduction."
Rule 16a-6 regulatory
"Certain acquisitions are described as a small acquisition under Rule 16a-6."
FAQ
What insider transactions did CITIZENS, INC. (CIA) director Cynthia H. Davis report?
Cynthia H. Davis reported exercising 12,012 restricted stock units into Class A common stock, receiving a new grant of 7,042 restricted stock units, and making two small stock purchases through the company’s Stock Investment Plan via regular monthly payroll deductions.
What new equity award did Cynthia H. Davis receive from CITIZENS, INC. (CIA)?
On June 17, 2026, Davis was granted 7,042 restricted stock units that each represent a contingent right to one Class A common share. These units are scheduled to vest on June 17, 2027, adding to her stock-based compensation.
How do the restricted stock units reported by CITIZENS, INC. (CIA) work?
Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. Units generally convert into shares on the vesting date, as shown by the 12,012-unit grant vesting in 2026 and the new 7,042-unit grant vesting in 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
