Citizens Community Bancorp (CZWI) CEO nets 3,325 shares from RSU vesting

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

Stephen M. Bianchi, CEO and President of Citizens Community Bancorp Inc. (CZWI) , reported the vesting of performance restricted stock units, resulting in the acquisition of 3,325 shares of common stock on January 22, 2026 at $18.52 per share.

Q: Why did the CZWI CEO surrender 1,226 shares of common stock?

Bianchi surrendered 1,226 shares of Citizens Community Bancorp common stock to satisfy withholding taxes due upon the vesting of previously awarded restricted stock issued under the company’s 2018 Equity Incentive Plan .

Q: What performance period was tied to the 3,325 performance RSU shares for CZWI?

The 3,325 shares were earned from Performance Restricted Stock Units awarded on January 19, 2023, based on operational performance criteria for the year ended December 31, 2025 during a 36‑month cumulative performance cycle .

Q: What stock options does the CZWI CEO hold according to this Form 4?

Bianchi held a stock option for 10,000 shares of Citizens Community Bancorp common stock with an exercise price of $11 per share, expiring on June 24, 2026, reported as directly owned.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Citizens Community Bancorp CEO and President Stephen M. Bianchi reported equity compensation activity in company stock. On January 22, 2026, he acquired 3,325 shares of common stock at $18.52 per share upon vesting and settlement of performance restricted stock units tied to operational results for the year ended December 31, 2025. On the same date, he surrendered 1,226 shares at $18.52 per share to cover withholding taxes on vested restricted stock.

After these transactions, Bianchi directly beneficially owned 82,604 shares of common stock and indirectly owned 53,480 shares through a self-directed IRA. He also held a stock option for 10,000 shares of common stock with an exercise price of $11 per share, expiring on June 24, 2026.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Bianchi Stephen M

Role CEO and President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	3,325	$18.52	$62K
Tax Withholding	Common Stock, par value $0.01 per share	1,226	$18.52	$23K
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 — 83,830 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)

Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSU's") awarded January 19, 2023, upon certification of performance results by the Compensation Committee based on the achievement of certain operational performance criteria for the year ended December 31, 2025, during a 36 month cumulative performance cycle. The reporting person surrendered a total of 1,226 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 →

01/26/2026 - 08:48 AM

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

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)
01/22/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	01/22/2026		A		3,325⁽¹⁾	A	$18.52	83,830	D
Common Stock, par value $0.01 per share	01/22/2026		F		1,226⁽²⁾	D	$18.52	82,604	D
Common Stock, par value $0.01 per share								53,480	I	By IRA⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock Option (right to buy)	$11							⁽⁴⁾	06/24/2026	Common Stock	10,000		10,000	D

Explanation of Responses:

1. Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSU's") awarded January 19, 2023, upon certification of performance results by the Compensation Committee based on the achievement of certain operational performance criteria for the year ended December 31, 2025, during a 36 month cumulative performance cycle.

2. The reporting person surrendered a total of 1,226 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.

3. These shares are held in the reporting person's self-directed IRA.

4. 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	01/26/2026
	** 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 the vesting of performance restricted stock units, resulting in the acquisition of 3,325 shares of common stock on January 22, 2026 at $18.52 per share.

Why did the CZWI CEO surrender 1,226 shares of common stock?

Bianchi surrendered 1,226 shares of Citizens Community Bancorp common stock to satisfy withholding taxes due upon the vesting of previously awarded restricted stock issued under the company’s 2018 Equity Incentive Plan.

How many CZWI shares does the CEO own after the reported transactions?

Following the reported transactions, Bianchi beneficially owned 82,604 shares of Citizens Community Bancorp common stock directly and 53,480 shares indirectly through his self-directed IRA.

What performance period was tied to the 3,325 performance RSU shares for CZWI?

The 3,325 shares were earned from Performance Restricted Stock Units awarded on January 19, 2023, based on operational performance criteria for the year ended December 31, 2025 during a 36‑month cumulative performance cycle.

What stock options does the CZWI CEO hold according to this Form 4?

Bianchi held a stock option for 10,000 shares of Citizens Community Bancorp common stock with an exercise price of $11 per share, expiring on June 24, 2026, reported as directly owned.

How are some of the CZWI shares held by the CEO structured?

In addition to directly held shares, Bianchi beneficially owned 53,480 shares of Citizens Community Bancorp common stock held in his self-directed IRA, reported as indirect ownership.