GUERRERO PAULA L (Chief Information Officer) exercised options at CITIZENS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

GUERRERO PAULA L

Filed: 8/19/2025ACC: 0002051485-25-000003

InsiderGUERRERO PAULA LCIK 2051485

→

IssuerCITIZENS, INC.CIK 24090

Officer· Chief Information Officer

Since Jan 2025

-414.08

Net shares

Net seller

$3.4K

Total sold

Open market trades

0B · 0S

Total transactions

2.95K acquired · 3.37K disposed

Non-Derivative Transactions3

Citizens, Inc. Class A Common Stock

Direct

L · L

+245.92

Price / share

$4.04

Trade value

$993.53

% of position

2.7%

8/1/2025

9.16K→9.40K

Citizens, Inc. Class A Common Stock

Direct

M · Option Exercise

+2.71K

Price / share

—

Trade value

—

% of position

28.8%

8/15/2025

9.40K→12.11K

Citizens, Inc. Class A Common Stock

Direct

F · Tax Withholding

−660.00

Price / share

$5.10

Trade value

$3.37K

% of position

5.4%

8/15/2025

12.11K→11.45K

Total

Net shares

+2.29K

Net value

-$2.37K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Citizens, Inc. Class A Common Stock Direct	8/1/2025	L · L	+245.92	$4.04	$993.53	2.7%	9.16K	9.40K
Citizens, Inc. Class A Common Stock Direct	8/15/2025	M · Option Exercise	+2.71K	—	—	28.8%	9.40K	12.11K
Citizens, Inc. Class A Common Stock Direct	8/15/2025	F · Tax Withholding	−660.00	$5.10	$3.37K	5.4%	12.11K	11.45K
Total			+2.29K		-$2.37K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.71K shares

−2.71K

Strike price

Held after

2.71K

Exercisable

—

8/15/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock2.71K shares	8/15/2025	M · Option Exercise	−2.71K		—	2.71K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

6.07K

Shares owned

6.07K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

5.77K

Shares owned

5.77K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

6.59K

Shares owned

6.59K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

18.43K

Owned

18.43K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock	—	—	6.07K	6.07K
Restricted Stock Units Direct	Class A Common Stock	—	—	5.77K	5.77K
Restricted Stock Units Direct	Class A Common Stock	—	—	6.59K	6.59K
Total				18.43K	18.43K