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: 8/19/2025ACC: 0002015584-25-000003

InsiderLEWIS BRYON MATTHEWCIK 2015584

→

IssuerCITIZENS, INC.CIK 24090

Officer· VP, Operations

Since Mar 2024

-640.00

Net shares

Net seller

$3.3K

Total sold

Open market trades

0B · 0S

Total transactions

2.63K acquired · 3.27K disposed

Non-Derivative Transactions2

Citizens, Inc. Class A Common Stock

Direct

M · Option Exercise

+2.63K

Price / share

—

Trade value

—

% of position

20.7%

8/15/2025

12.69K→15.32K

Citizens, Inc. Class A Common Stock

Direct

F · Tax Withholding

−640.00

Price / share

$5.10

Trade value

$3.26K

% of position

4.2%

8/15/2025

15.32K→14.68K

Total

Net shares

+1.99K

Net value

-$3.26K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Citizens, Inc. Class A Common Stock Direct	8/15/2025	M · Option Exercise	+2.63K	—	—	20.7%	12.69K	15.32K
Citizens, Inc. Class A Common Stock Direct	8/15/2025	F · Tax Withholding	−640.00	$5.10	$3.26K	4.2%	15.32K	14.68K
Total			+1.99K		-$3.26K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.63K shares

−2.63K

Strike price

Held after

2.63K

Exercisable

—

8/15/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock2.63K shares	8/15/2025	M · Option Exercise	−2.63K		—	2.63K

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

5.18K

Shares owned

5.18K

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

6.59K

Shares owned

6.59K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

21.11K

Owned

21.11K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock	—	—	5.18K	5.18K
Restricted Stock Units Direct	Class A Common Stock	—	—	9.35K	9.35K
Restricted Stock Units Direct	Class A Common Stock	—	—	6.59K	6.59K
Total				21.11K	21.11K