[Form 4] Citizens Community Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Citizens Community Bancorp (CZWI) – Form 4 insider transaction

Director Kathleen Skarvan, acting through the PK Skarvan Trust, bought 1,000 common shares on 07/31/2025 at $14.74 (≈ $14.7 k). Following the purchase the trust holds 1,300 shares indirectly, while Skarvan also reports 8,601 shares held directly, bringing total beneficial ownership to roughly 9,901 shares.

• Transaction code P – open-market purchase
• No derivative security activity disclosed
• Form filed by one reporting person; role: Director

The purchase modestly increases insider ownership and may signal incremental confidence, yet the dollar value is immaterial relative to CZWI’s market capitalization, limiting overall impact for investors.

Positive

• Director insider purchase: 1,000 shares acquired at $14.74, increasing indirect holdings and indicating incremental confidence in CZWI.

Negative

• None.

Insights

Financial Analyst

TL;DR: Small insider buy; mildly positive sentiment but financially immaterial.

The 1,000-share purchase by Director Kathleen Skarvan adds only $14.7 k to her position and lifts total ownership to ~9,901 shares. Insider buying, especially by outside directors, is typically viewed as a confidence signal, however the size is negligible versus CZWI’s float and does not change governance dynamics or capital structure. No options exercised, sales, or derivative positions were reported, so dilution risk remains unchanged. Overall, the filing is noteworthy for sentiment tracking but unlikely to move the valuation.

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^*

SKARVAN KATHLEEN

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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
Common Stock, par value $.01 per share	07/31/2025		P		1,000	A	$14.74	1,300	I	By PK Skarvan Trust(1)
Common Stock, par value $0.01 per share								8,601	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 are held by the PK Skarvan Trust pursuant to which Kathleen Skarvan and Paul Skarvan are trustees.

Remarks:

	/s/ Rebecca L. Johnson, Attorney-in-fact	08/01/2025
	** 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

How many CZWI shares did Director Kathleen Skarvan buy?

She purchased 1,000 common shares on 07/31/2025.

What price was paid for the purchased CZWI shares?

The shares were bought at $14.74 per share.

What is Kathleen Skarvan’s total ownership after the transaction?

She now beneficially owns 9,901 CZWI shares (1,300 indirect, 8,601 direct).

Did the Form 4 report any derivative security activity?

No. The filing shows no options, warrants, or other derivatives.

Is this Form 4 filed by more than one reporting person?

No. The form was filed by one reporting person.