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: 4/2/2026ACC: 0002015584-26-000004

InsiderLEWIS BRYON MATTHEWCIK 2015584

→

IssuerCITIZENS, INC.CIK 24090

Officer· VP, Operations

Since Mar 2024

+5.45K

Net shares

Net buyer

$2.6K

Total sold

Open market trades

0B · 0S

Total transactions

8.16K acquired · 2.71K disposed

Non-Derivative Transactions2

Citizens, Inc. Class A Common Stock

Direct

M · Option Exercise

+2.20K

Price / share

—

Trade value

—

% of position

11.1%

3/31/2026

19.80K→21.99K

Citizens, Inc. Class A Common Stock

Direct

F · Tax Withholding

−516.00

Price / share

$5.03

Trade value

$2.60K

% of position

2.3%

3/31/2026

21.99K→21.48K

Total

Net shares

+1.68K

Net value

-$2.60K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Citizens, Inc. Class A Common Stock Direct	3/31/2026	M · Option Exercise	+2.20K	—	—	11.1%	19.80K	21.99K
Citizens, Inc. Class A Common Stock Direct	3/31/2026	F · Tax Withholding	−516.00	$5.03	$2.60K	2.3%	21.99K	21.48K
Total			+1.68K		-$2.60K

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.20K shares

−2.20K

Strike price

Held after

4.40K

Exercisable

—

3/31/2026

Restricted Stock Units

Direct

A · Award

Converts to

Class A Common Stock

5.96K shares

+5.96K

Strike price

Held after

5.96K

Exercisable

—

3/31/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock2.20K shares	3/31/2026	M · Option Exercise	−2.20K		—	4.40K
Restricted Stock Units Direct	Class A Common Stock5.96K shares	3/31/2026	A · Award	+5.96K		—	5.96K

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

2.59K

Shares owned

2.59K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.63K

Shares owned

2.63K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

4.67K

Shares owned

4.67K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

9.89K

Owned

9.89K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock	—	—	2.59K	2.59K
Restricted Stock Units Direct	Class A Common Stock	—	—	2.63K	2.63K
Restricted Stock Units Direct	Class A Common Stock	—	—	4.67K	4.67K
Total				9.89K	9.89K