LEWIS BRYON MATTHEW (VP, Operations) exercised options at CITIZENS, INC.

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

M · 1 exercise

LEWIS BRYON MATTHEW

Filed: 7/17/2025ACC: 0000024090-25-000111

InsiderLEWIS BRYON MATTHEWCIK 2015584

→

IssuerCITIZENS, INC.CIK 24090

Officer· VP, Operations

Since Mar 2024

-312.00

Net shares

Net seller

$1.0K

Total sold

Open market trades

0B · 0S

Total transactions

1.28K acquired · 1.59K disposed

Non-Derivative Transactions2

Citizens, Inc. Class A Common Stock

Direct

M · Option Exercise

+1.28K

Price / share

—

Trade value

—

% of position

10.9%

7/15/2025

11.73K→13.01K

Citizens, Inc. Class A Common Stock

Direct

F · Tax Withholding

−312.00

Price / share

$3.30

Trade value

$1.03K

% of position

2.4%

7/15/2025

13.01K→12.69K

Total

Net shares

+966.00

Net value

-$1.03K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Citizens, Inc. Class A Common Stock Direct	7/15/2025	M · Option Exercise	+1.28K	—	—	10.9%	11.73K	13.01K
Citizens, Inc. Class A Common Stock Direct	7/15/2025	F · Tax Withholding	−312.00	$3.30	$1.03K	2.4%	13.01K	12.69K
Total			+966.00		-$1.03K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

1.28K shares

−1.28K

Strike price

Held after

0.00

Exercisable

—

7/15/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock1.28K shares	7/15/2025	M · Option Exercise	−1.28K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

6.59K

Shares owned

6.59K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

5.25K

Shares owned

5.25K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

9.35K

Shares owned

9.35K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

5.18K

Shares owned

5.18K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

26.37K

Owned

26.37K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock	—	—	6.59K	6.59K
Restricted Stock Units Direct	Class A Common Stock	—	—	5.25K	5.25K
Restricted Stock Units Direct	Class A Common Stock	—	—	9.35K	9.35K
Restricted Stock Units Direct	Class A Common Stock	—	—	5.18K	5.18K
Total				26.37K	26.37K