Paula L. Guerrero - 01 Aug 2025 Form 4 Insider Report for CITIZENS, INC. (CIA)

Role: Chief Information Officer
Signature: /s/Paula L. Guerrero
Issuer symbol: CIA
Transactions as of: 01 Aug 2025
Net transactions value: -$2,372
Form type: 4
Filing time: 19 Aug 2025, 14:12:59 UTC
Previous filing: 17 Jul 2025
Next filing: 21 Jan 2026
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	19 Aug 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	$994	+246	+2.7%	$4.04	9,405	01 Aug 2025	Direct	F1
transaction	CIA	Citizens, Inc. Class A Common Stock	Options Exercise		+2,708	+29%		12,113	15 Aug 2025	Direct	F2
transaction	CIA	Citizens, Inc. Class A Common Stock	Tax liability	$3,366	-660	-5.4%	$5.10	11,453	15 Aug 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	-2,708	-50%	$0.000000	2,709	15 Aug 2025	Class A Common Stock	2,708		Direct	F2, F3
holding	CIA	Restricted Stock Units						6,069	01 Aug 2025	Class A Common Stock	6,069		Direct	F2, F4
holding	CIA	Restricted Stock Units						5,769	01 Aug 2025	Class A Common Stock	5,769		Direct	F2, F5
holding	CIA	Restricted Stock Units						6,593	01 Aug 2025	Class A Common Stock	6,593		Direct	F2, F6

* 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 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)
F4	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 of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).
F5	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).
F6	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).