STOCK TITAN
  1. Home
  2. Sec-filings
  3. CZWI
  4. [Form 4] Citizens Community Bancorp Inc. Insider Trading Activity

Citizens Community Bancorp (CZWI) CEO surrenders 663 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Citizens Community Bancorp CEO and President Stephen M. Bianchi reported a small share surrender related to equity compensation. On 01/19/2026 he surrendered 663 shares of Citizens Community Bancorp common stock at $18.45 per share to cover withholding taxes due when previously awarded restricted stock vested under the company’s 2018 Equity Incentive Plan. After this transaction, he directly holds 80,505 common shares and indirectly holds 53,480 shares in a self-directed IRA. He also holds a stock option for 10,000 shares at an $11 exercise price, originally granted under the 2008 Equity Incentive Plan and fully vested in equal 20% installments from June 24, 2017 through June 24, 2021, with an expiration date of June 24, 2026.

Positive

  • None.

Negative

  • None.
Insider Bianchi Stephen M
Role CEO and President
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.01 per share 663 $18.45 $12K
holding Common Stock Option (right to buy) -- -- --
holding Common Stock, par value $0.01 per share -- -- --
Holdings After Transaction: Common Stock, par value $0.01 per share — 80,505 shares (Direct); Common Stock Option (right to buy) — 10,000 shares (Direct); Common Stock, par value $0.01 per share — 53,480 shares (Indirect, By IRA)
Footnotes (1)
  1. The reporting person surrendered a total of 663 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting of certain previously awarded shares of restricted stock issued under the Company's 2018 Equity Incentive Plan. These shares are held in the reporting person's self-directed IRA. The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of June 24, 2017, June 24, 2018, June 24, 2019, June 24, 2020 and June 24, 2021.
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*
Bianchi Stephen M
(Last) (First) (Middle)
C/O CITIZENS COMMUNITY BANCORP, INC.
2174 EASTRIDGE CENTER
(Street)
EAU CLAIRE WI 54701
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Citizens Community Bancorp Inc. [ CZWI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
01/19/2026
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
Common Stock, par value $0.01 per share 01/19/2026 F 663(1) D $18.45 80,505 D
Common Stock, par value $0.01 per share 53,480 I By IRA(2)
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
Common Stock Option (right to buy) $11 (3) 06/24/2026 Common Stock 10,000 10,000 D
Explanation of Responses:
1. The reporting person surrendered a total of 663 shares of the Company's common stock to satisfy the withholding taxes due upon the vesting of certain previously awarded shares of restricted stock issued under the Company's 2018 Equity Incentive Plan.
2. These shares are held in the reporting person's self-directed IRA.
3. The common stock option awarded under the Company's 2008 Equity Incentive Plan vests as follows: 20% of the shares vest on each of June 24, 2017, June 24, 2018, June 24, 2019, June 24, 2020 and June 24, 2021.
Remarks:
/s/ Rebecca L. Johnson, Attorney-in-fact 01/21/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CZWI CEO Stephen M. Bianchi report?

Stephen M. Bianchi, CEO and President of Citizens Community Bancorp Inc. (CZWI), reported surrendering 663 shares of common stock on 01/19/2026.

Why were 663 CZWI shares surrendered by the CEO?

The 663 shares of Citizens Community Bancorp common stock were surrendered to satisfy withholding taxes due upon the vesting of restricted stock granted under the 2018 Equity Incentive Plan.

How many CZWI shares does the CEO own after this Form 4 transaction?

Following the reported transaction, Stephen M. Bianchi directly owns 80,505 Citizens Community Bancorp common shares and indirectly owns 53,480 shares through a self-directed IRA.

What stock options does the CZWI CEO hold according to this filing?

He holds a stock option for 10,000 shares of Citizens Community Bancorp common stock with an $11 exercise price, originally granted under the 2008 Equity Incentive Plan and expiring on June 24, 2026.

How did the CZWI CEO’s stock option vesting schedule work?

The 10,000-share stock option vested in five equal 20% installments on June 24, 2017, 2018, 2019, 2020, and 2021, making it fully vested as of 2021.

Is the indirect ownership in CZWI shares by the CEO held through a retirement account?

Yes. The filing states that 53,480 shares are held in Stephen M. Bianchi’s self-directed IRA, reported as indirect ownership.