STENBERG JON (President) exercised options at CITIZENS, INC.

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

M · 1 exercise

STENBERG JON

Filed: 3/20/2026ACC: 0002015793-26-000004

InsiderSTENBERG JONCIK 2015793

→

IssuerCITIZENS, INC.CIK 24090

Officer· President

Since Mar 2024

-11.94K

Net shares

Net seller

$55.3K

Total sold

Open market trades

0B · 0S

Total transactions

45.25K acquired · 57.19K disposed

Non-Derivative Transactions2

Citizens, Inc. Class A Common Stock

Direct

M · Option Exercise

+45.25K

Price / share

—

Trade value

—

% of position

21.7%

3/18/2026

208.93K→254.18K

Citizens, Inc. Class A Common Stock

Direct

F · Tax Withholding

−11.94K

Price / share

$4.63

Trade value

$55.30K

% of position

4.7%

3/18/2026

254.18K→242.24K

Total

Net shares

+33.30K

Net value

-$55.30K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Citizens, Inc. Class A Common Stock Direct	3/18/2026	M · Option Exercise	+45.25K	—	—	21.7%	208.93K	254.18K
Citizens, Inc. Class A Common Stock Direct	3/18/2026	F · Tax Withholding	−11.94K	$4.63	$55.30K	4.7%	254.18K	242.24K
Total			+33.30K		-$55.30K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

45.25K shares

−45.25K

Strike price

Held after

45.25K

Exercisable

—

3/18/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock45.25K shares	3/18/2026	M · Option Exercise	−45.25K		—	45.25K

Non-Derivative Holdings (Post-Transaction)1

Citizens, Inc. Class A Common Stock

Indirect

Shares owned130.10K

Total

130.10K indirect130.10K

Security Title	Shares Owned	Ownership Type
Citizens, Inc. Class A Common Stock	130.10K	Indirect
Total	130.10K	130.10K indirect

Derivative Holdings (Post-Transaction)2

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

40.62K

Shares owned

40.62K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

39.56K

Shares owned

39.56K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

80.18K

Owned

80.18K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock	—	—	40.62K	40.62K
Restricted Stock Units Direct	Class A Common Stock	—	—	39.56K	39.56K
Total				80.18K	80.18K