Citizens, Inc. (CIA) Chief Actuary Increases Holdings Through Payroll Stock Plan

Rhea-AI Filing Summary

Citizens, Inc. reported that its Chief Actuary, Harvey J. Waite, increased his holdings of the company’s Class A common stock through regular purchases under the Citizens, Inc. Stock Investment Plan funded by payroll deductions.

On 11/28/2025, he acquired 418.9046 shares at a price of $5.94 per share, bringing his beneficial ownership to 83,553.1018 shares. On 12/26/2025, he acquired an additional 478.9046 shares at $5.19 per share, increasing his beneficial ownership to 84,032.0064 shares, all held directly.

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^*

Waite Harvey J.

(Last) (First) (Middle)

11815 ALTERRA PARKWAY, SUITE 1500

(Street)

AUSTIN TX 78758

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/28/2025		L(1)		418.9046	A	$5.94	83,553.1018	D
Citizens, Inc. Class A Common Stock	12/26/2025		L(1)		478.9046	A	$5.19	84,032.0064	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

Explanation of Responses:

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

Remarks:

	/s/Harvey J. Waite	01/05/2026
	** 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.

FAQ

What insider transaction did Citizens, Inc. (CIA) disclose in this Form 4?

The filing shows Chief Actuary Harvey J. Waite purchased Citizens, Inc. Class A common stock through the company’s Stock Investment Plan using payroll deductions.

How many Citizens, Inc. (CIA) shares did the Chief Actuary buy?

He acquired 418.9046 shares on 11/28/2025 and 478.9046 shares on 12/26/2025, both reported as purchases under the Stock Investment Plan.

At what prices were the Citizens, Inc. (CIA) shares purchased?

The shares were bought at $5.94 per share on 11/28/2025 and $5.19 per share on 12/26/2025.

What is Harvey J. Waite’s total beneficial ownership after these transactions?

After the reported transactions, he beneficially owns 84,032.0064 shares of Citizens, Inc. Class A common stock, held directly.

What is Harvey J. Waite’s role at Citizens, Inc. (CIA)?

He is an officer of Citizens, Inc., serving as the company’s Chief Actuary.

How were the Citizens, Inc. (CIA) shares acquired according to the filing?

The filing explains that the shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.