[Form 4] CITIZENS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Hoxworth Seth Alan reported acquisition or exercise transactions in this Form 4 filing.

Citizens, Inc. reported that Chief Actuary Seth Alan Hoxworth received two grants of restricted stock units (RSUs) on March 31, 2026 under the Citizens, Inc. Omnibus Incentive Plan. One award covers 4,572 RSUs for 2025 pay-for-performance, and the other covers 5,964 RSUs as a 2026 long-term incentive.

Each RSU represents a contingent right to receive one share of Class A common stock. Both awards vest in three equal annual installments on the first, second, and third anniversaries of the grant date, beginning on March 31, 2027. Following these awards, Hoxworth directly holds 5,351.6618 shares of Citizens Class A common stock, along with outstanding RSU-based rights over additional shares.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Hoxworth Seth Alan

Role Chief Actuary

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	4,572	$0.00	--
Grant/Award	Restricted Stock Units	5,964	$0.00	--
holding	Citizens, Inc. Class A Common Stock	--	--	--
holding	Citizens, Inc. Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 4,572 shares (Direct); Citizens, Inc. Class A Common Stock — 5,401 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. On March 31, 2026, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2027) an dthe second anniversary of the date of the grant (March 31, 2028) and the third anniversary of the date of the grant (March 31, 2029). On March 31, 2026, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2026 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2027) an dthe second anniversary of the date of the grant (March 31, 2028) and the third anniversary of the date of the grant (March 31, 2029). Initial grant was issued January 6, 2025 and remaining shares will vest 1/2 on January 6, 2027 and 1/2 on January 6, 2028.

Key Figures

2025 pay-for-performance RSUs: 4,572 RSUs 2026 long-term incentive RSUs: 5,964 RSUs RSU vesting schedule: 3 equal annual installments +2 more

5 metrics

2025 pay-for-performance RSUs 4,572 RSUs Granted March 31, 2026 under Omnibus Incentive Plan

2026 long-term incentive RSUs 5,964 RSUs Granted March 31, 2026 under Omnibus Incentive Plan

RSU vesting schedule 3 equal annual installments On March 31, 2027, 2028, and 2029

Direct Class A shares held 5,351.6618 shares Total shares following reported transactions

Underlying RSU shares 5,401 shares Underlying shares in derivative position, exercise price $0.0000

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, pay-for-performance, long-term incentive, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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.

Omnibus Incentive Plan financial

"granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

pay-for-performance financial

"RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 pay-for-performance"

long-term incentive financial

"RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2026 long-term incentive"

Long-term incentive is a form of pay awarded to executives and key employees that vests over several years and is tied to company performance, often paid in stock or stock-linked awards. It matters to investors because it shapes management’s motivation and risk-taking, can dilute existing shares, and affects future cash flow and company governance—think of it as a multi-year performance bonus that aligns leaders’ rewards with shareholder returns.

vest in three equal annual installments financial

"The RSUs vest in three equal annual installments on the first anniversary"

Form 4 Insider Transactions: What Each Field Means →

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^*

Hoxworth Seth Alan

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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								5,351.6618	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	(1)	03/31/2026		A		4,572		(2)	(2)	Class A Common Stock	4,572	$0	4,572	D
Restricted Stock Units	(1)	03/31/2026		A		5,964		(3)	(3)	Class A Common Stock	5,964	$0	5,964	D
Citizens, Inc. Class A Common Stock	(4)							(1)	(1)	Class A Common Stock	5,401		5,401	D

Explanation of Responses:

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

2. On March 31, 2026, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2027) an dthe second anniversary of the date of the grant (March 31, 2028) and the third anniversary of the date of the grant (March 31, 2029).

3. On March 31, 2026, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2026 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2027) an dthe second anniversary of the date of the grant (March 31, 2028) and the third anniversary of the date of the grant (March 31, 2029).

4. Initial grant was issued January 6, 2025 and remaining shares will vest 1/2 on January 6, 2027 and 1/2 on January 6, 2028.

Remarks:

	/s/Seth Alan Hoxworth	04/02/2026
	** 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)

FAQ

What RSU awards did CIA Chief Actuary Seth Hoxworth receive?

Seth Hoxworth received two RSU awards on March 31, 2026: 4,572 restricted stock units for 2025 pay-for-performance and 5,964 restricted stock units as a 2026 long-term incentive, all granted under the Citizens, Inc. Omnibus Incentive Plan.

How do the new CIA RSU grants for Seth Hoxworth vest?

Both RSU awards vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 31, 2026 grant date, with installments scheduled for March 31, 2027, March 31, 2028, and March 31, 2029, subject to the plan terms.

What does each Citizens, Inc. RSU granted to Seth Hoxworth represent?

Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock. Actual share delivery occurs only if the vesting conditions under the Omnibus Incentive Plan are satisfied over the specified vesting schedule.

How many Citizens Class A shares does Seth Hoxworth hold after these transactions?

After the reported transactions, Seth Hoxworth directly holds 5,351.6618 shares of Citizens, Inc. Class A common stock. He also holds RSU awards tied to additional shares that will be delivered only upon future vesting events.

What prior CIA equity grant to Seth Hoxworth is referenced in the filing?

The filing notes an initial grant issued January 6, 2025. Remaining shares from that grant are scheduled to vest 50% on January 6, 2027 and 50% on January 6, 2028, adding to his longer-term equity-based compensation.