Martin S. Friedman - Aug 19, 2024 Form 4 Insider Report for Citizens Community Bancorp Inc. (CZWI)

Role
10%+ Owner
Signature
Martin S. Friedman
Stock symbol
CZWI
Transactions as of
Aug 19, 2024
Transactions value $
-$963,750
Form type
4
Date filed
8/20/2024, 06:05 PM
Previous filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZWI Common Stock Disposed to Issuer -$964K -75K -7.88% $12.85 877K Aug 19, 2024 See footnote F1, F2
holding CZWI Common Stock 106K Aug 19, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Martin S. Friedman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Martin S Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the Managing Member of Financial Hybrid Opportunity SPVI LLC ("HSPV"). HSPV sold 75,000 shares of the issuer. Martin S. Friedman, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the shares of the issuer held by HSPV.
F2 The Reporting Person may be deemed to beneficially own the shares to extent of the greater of his direct or indirect pecuniary interest in the profits or capital account of HSPV. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any shares beneficially owned in excess of his pecuniary interest.