CITIZENS, INC. — Director's Dealing 2025

Apr 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS, INC. (CIA)
CIK: 0000024090
Period of Report: 2025-03-28

Reporting Person: Conklin Jeffery P. (CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-28	Citizens, Inc. Class A Common Stock	M	12489	—	Acquired	149832.1323	Direct
2025-03-28	Citizens, Inc. Class A Common Stock	F	3041	$4.66	Disposed	146791.1323	Direct
2025-03-28	Citizens, Inc. Class A Common Stock	M	12461	—	Acquired	159252.1323	Direct
2025-03-28	Citizens, Inc. Class A Common Stock	F	3034	$4.66	Disposed	156218.1323	Direct
2025-03-31	Citizens, Inc. Class A Common Stock	M	7847	—	Acquired	164065.1323	Direct
2025-03-31	Citizens, Inc. Class A Common Stock	F	1911	$4.55	Disposed	162154.1323	Direct
2025-03-31	Citizens, Inc. Class A Common Stock	M	9668	—	Acquired	171822.1323	Direct
2025-03-31	Citizens, Inc. Class A Common Stock	F	2355	$4.55	Disposed	169467.1323	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-28	Restricted Stock Units	$	M	12489	Disposed		Class A Common Stock (12489)	Direct
2025-03-28	Restricted Stock Units	$	M	12461	Disposed		Class A Common Stock (12461)	Direct
2025-03-31	Citizens, Inc. Class A Common Stock	$	M	7847	Disposed		Citizens, Inc. Class A Common Stock (7847)	Direct
2025-03-31	Restricted Stock Units	$	M	9668	Disposed		Class A Common Stock (9668)	Direct
2025-03-31	Restricted Stock Units	$	A	17582	Acquired		Class A Common Stock (17582)	Direct

Footnotes

F1: On March 28, 2024, the reporting person was granted an award of restricted stock units (RSUs) under the Citizens, Inc. Omnibus Incentive Plan for 2023 pay-for-performance. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).

F2: On March 28, 2024, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2024 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 28, 2025) and the second anniversary of the date of the grant (March 28, 2026) and the third anniversary of the date of the grant (March 28, 2027).

F3: On March 31, 2022, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2023) and the second anniversary of the date of the grant (March 31, 2024) and the third anniversary of the date of the grant (March 31, 2025).

F4: On March 31, 2023, the reporting person was granted an award of restricted stock units, vesting in three equal annual installments on the first anniversary of the date of the grant (March 31, 2024) and the second anniversary of the date of the grant (March 31, 2025) and the third anniversary of the date of the grant (March 31, 2026).

F5: Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.

F6: On March 31, 2025, the reporting person was granted an award of RSUs under the Citizens, Inc. Omnibus Incentive Plan for the 2025 long-term incentive. The RSUs vest in three equal annual installments on the first anniversary of the date of the grant (March 31, 2026) an dthe second anniversary of the date of the grant (March 31, 2027) and the third anniversary of the date of the grant (March 31, 2028).