Paula L. Guerrero - 02 May 2025 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role
Chief Information Officer
Signature
/s/Paula L. Guerrero
Issuer symbol
CIA
Transactions as of
02 May 2025
Net transactions value
+$1,948
Form type
4
Filing time
17 Jul 2025, 16:42:59 UTC
Previous filing
01 Apr 2025
Next filing
19 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Guerrero Paula L Chief Information Officer 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN /s/Paula L. Guerrero 17 Jul 2025 0002051485

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $992 +238 +3.2% $4.17 7,659 02 May 2025 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $993 +263 +3.4% $3.77 7,922 30 May 2025 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Small acquisition under Rule 16a-6 $993 +270 +3.4% $3.67 8,193 27 Jun 2025 Direct F1
transaction CIA Citizens, Inc. Class A Common Stock Options Exercise +1,278 +16% 9,471 15 Jul 2025 Direct F2
transaction CIA Citizens, Inc. Class A Common Stock Tax liability $1,030 -312 -3.3% $3.30 9,159 15 Jul 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CIA Restricted Stock Units Options Exercise $0 -1,278 -100% $0.000000 0 15 Jul 2025 Class A Common Stock 1,278 Direct F2, F3
holding CIA Restricted Stock Units 5,417 02 May 2025 Class A Common Stock 5,417 Direct F2, F4
holding CIA Restricted Stock Units 6,069 02 May 2025 Class A Common Stock 6,069 Direct F2, F5
holding CIA Restricted Stock Units 5,769 02 May 2025 Class A Common Stock 5,769 Direct F2, F6
holding CIA Restricted Stock Units 6,593 02 May 2025 Class A Common Stock 6,593 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
F2 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F3 On July 15, 2022, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary date of the grant (July 15, 2023) and the second anniversary date of the grant (July 15, 2024) and the third anniversary date of the grant (July 15, 2025).
F4 On August 15, 2023, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary date of the grant (August 15, 2024) and the second anniversary date of the grant (August 15, 2025) and the third anniversary date of the grant (August 15, 2026).
F5 On March 28, 2024, the reporting person was granted an award of restricted stock units (RSUs) under the Citizens, Inc. Omnibus Incentive Plan for 2023 pay-for-performance. The RSUs, vest in three equal annual installments on the first anniversary date of the grant (March 28, 2025) and the second anniversary date of the grant (March 28, 2026) and the third anniversary date of the grant (March 28, 2027).
F6 On March 31, 2025, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2024 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2026) an dthe second anniversary of the date of the grant (March 31, 2027) and the third anniversary of the date of the grant (March 31, 2028).
F7 On March 31, 2025, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2026) an dthe second anniversary of the date of the grant (March 31, 2027) and the third anniversary of the date of the grant (March 31, 2028).