Citizens Community (NASDAQ: CZWI) CFO RSUs vest, tax withholding
Rhea-AI Filing Summary
Citizens Community Bancorp EVP/CFO James S. Broucek reported equity transactions in company stock. On January 22, 2026, he acquired 1,733 shares of common stock at $18.52 per share from the vesting and settlement of performance-based restricted stock units tied to operational results for the year ended December 31, 2025. On the same date, he surrendered 632 shares at $18.52 per share to cover withholding taxes on previously awarded restricted stock. After these transactions, he directly holds 22,096 shares of common stock and indirectly holds 43,314 shares through a self-directed IRA. He also holds a stock option for 8,000 shares at an exercise price of $13.60 per share, expiring on October 31, 2027.
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FAQ
What insider transaction did CZWI EVP/CFO James S. Broucek report?
James S. Broucek reported the vesting and settlement of 1,733 shares of Citizens Community Bancorp common stock from performance-based restricted stock units, along with a tax-related share surrender and updated holdings.
How many Citizens Community Bancorp (CZWI) shares did the CFO acquire?
He acquired 1,733 shares of common stock at $18.52 per share, earned upon vesting of performance restricted stock units based on operational performance for the year ended December 31, 2025.
Why did the CZWI CFO surrender 632 shares of stock?
He surrendered 632 shares of common stock at $18.52 per share to satisfy withholding taxes due upon the vesting of previously awarded restricted stock under the company’s 2018 Equity Incentive Plan.
How many CZWI shares does the CFO own after these transactions?
Following the reported transactions, he directly owns 22,096 shares of Citizens Community Bancorp common stock and indirectly owns 43,314 shares held in his self-directed IRA.
What stock options does the CZWI CFO hold?
He holds a common stock option for 8,000 shares at an exercise price of $13.60 per share, expiring on October 31, 2027, granted under the company’s 2008 Equity Incentive Plan.
How were the performance RSUs that vested for the CZWI CFO determined?
The performance RSUs that vested into 1,733 shares were awarded on January 19, 2023 and vested after the Compensation Committee certified performance results based on operational performance criteria for the year ended December 31, 2025 over a 36‑month cumulative performance cycle.