Citizens, Inc. (CIA) CEO adds 10,000 shares in open-market purchase

Rhea-AI Filing Summary

Citizens, Inc. President and CEO Jon Stenberg reported an open-market purchase of 10,000 shares of Class A common stock at an average price of $4.8075 per share. Following this trade, his direct holdings increased to 208,930 Class A shares.

The filing also updates his indirect ownership to 130,100 shares of Class C common stock held in his spouse’s retirement account. A footnote explains that an additional 887 of these Class C shares were bought at various times during 2024 and 2025 and had not been previously reported due to an administrative error.

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

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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^*

Stenberg Jon

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		P		10,000	A	$4.8075	208,930	D
Citizens, Inc. Class A Common Stock								130,100(1)	I	Spouse

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

Explanation of Responses:

1. Indirect ownership holdings are corrected to reflect 130,100 shares of Class C common stock instead of 129,213 shares. The additional 887 shares were purchased at various times during 2024 and 2025 by Mr. Stenberg's spouse for her retirement account and were not previously reported due to an administrative error.

Remarks:

	/s/Jon Stenberg	03/19/2026
	** 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 insider transaction did CIA CEO Jon Stenberg report on this Form 4?

Jon Stenberg reported an open-market purchase of 10,000 Citizens, Inc. Class A shares at an average price of $4.8075. This transaction increases his direct equity stake and reflects an additional personal investment in the company’s common stock.

How many Citizens, Inc. (CIA) Class A shares does Jon Stenberg hold after the transaction?

After the reported open-market purchase, Jon Stenberg directly holds 208,930 shares of Citizens, Inc. Class A common stock. This figure represents his direct ownership and excludes indirect holdings through his spouse’s retirement account in Class C common stock.

What indirect holdings in Citizens, Inc. are associated with Jon Stenberg on this Form 4?

The filing shows 130,100 shares of Citizens, Inc. Class C common stock held indirectly through Mr. Stenberg’s spouse’s retirement account. These shares are reported as indirect ownership, reflecting his spouse’s holdings rather than additional directly owned Class A stock.

Why were Jon Stenberg’s indirect Citizens, Inc. holdings corrected in this filing?

A footnote explains that indirect holdings were corrected because 887 additional Class C shares, bought at various times in 2024 and 2025 by his spouse, were previously unreported. The omission was attributed to an administrative error and is now reflected in the updated 130,100-share total.

Does this CIA Form 4 show any derivative securities or option exercises for Jon Stenberg?

No derivative securities or option exercises are reported for Jon Stenberg in this Form 4. The transactions disclosed focus on an open-market purchase of Class A common stock and an updated indirect holding balance of Class C shares held through his spouse’s retirement account.

Is the 10,000-share CIA purchase by Jon Stenberg classified as an open-market trade?

Yes, the 10,000-share transaction is classified as an open-market purchase, with the code P and description indicating a purchase in the open market or a private transaction. The reported average price for these shares is $4.8075 per share.