Key facts
- This page summarizes Gerald Shields's Form 4 filing for CITIZENS, INC. (CIA).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 02 Jul 2024, 16:32.
Gerald Shields - 01 Apr 2024 Form 4 Insider Report for CITIZENS, INC. (CIA)
- Reporting relationship
- Director
- Issuer ticker
- CIA
- Reported as of
- 01 Apr 2024
- Net transaction value
- -$72,287
- SEC form
- 4
- Accepted by SEC
- 02 Jul 2024, 16:32:10 UTC
- Prior SEC filing
- 02 Apr 2024
- Next SEC filing
- 02 Apr 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/Sheryl Kinlaw, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gerald Shields filed Form 4 for CITIZENS, INC. (CIA) on 02 Jul 2024.
Change
- Previous filing in this sequence was filed on 02 Apr 2024.
- Current net transaction value: -$72,287.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CIA
transaction
Citizens, Inc. Class A Common Stock
Small acquisition under Rule 16a-6
- Transaction value
- $1,969
- Shares
- +903
- Change %
- +0.49%
- Price
- $2.18
- Shares after
- 185,598
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
CIA
transaction
Citizens, Inc. Class A Common Stock
Small acquisition under Rule 16a-6
- Transaction value
- $1,972
- Shares
- +888
- Change %
- +0.48%
- Price
- $2.22
- Shares after
- 186,487
- Date
- 03 May 2024
- Ownership
- Direct
- Footnotes
- F1
CIA
transaction
Citizens, Inc. Class A Common Stock
Small acquisition under Rule 16a-6
- Transaction value
- $1,980
- Shares
- +662
- Change %
- +0.36%
- Price
- $2.99
- Shares after
- 187,149
- Date
- 31 May 2024
- Ownership
- Direct
- Footnotes
- F1
CIA
transaction
Citizens, Inc. Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +42,230
- Change %
- +23%
- Price
- Shares after
- 229,379
- Date
- 28 Jun 2024
- Ownership
- Direct
- Footnotes
- F2
CIA
transaction
Citizens, Inc. Class A Common Stock
Tax liability
- Transaction value
- $27,972
- Shares
- -10,284
- Change %
- -4.5%
- Price
- $2.72
- Shares after
- 219,095
- Date
- 28 Jun 2024
- Ownership
- Direct
CIA
transaction
Citizens, Inc. Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +75,845
- Change %
- +35%
- Price
- Shares after
- 294,940
- Date
- 28 Jun 2024
- Ownership
- Direct
- Footnotes
- F2
CIA
transaction
Citizens, Inc. Class A Common Stock
Tax liability
- Transaction value
- $50,236
- Shares
- -18,469
- Change %
- -6.3%
- Price
- $2.72
- Shares after
- 276,471
- Date
- 28 Jun 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CIA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -42,230
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jun 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 42,230
- Exercise price
- Footnotes
- F2, F3
CIA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -75,845
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jun 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 75,845
- Exercise price
- Footnotes
- F2, F4
CIA
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 46,729
- Date
- 01 Apr 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 46,729
- Exercise price
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.
Footnote F2
Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
Footnote F3
On March 31, 2023, the reporting person was granted an award of restricted stock units (RSUs). These RSUs fully accelerated and vested upon the reporting person's retirement on June 30, 2024.
Footnote F4
On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for 2023 pay-for-performance. These RSUs fully accelerated and vested upon the reporting person's retirement on June 30, 2024.
Footnote F5
On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for 2024 long-term incentive. 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).