# EDGAR Filing Document

**Accession Number:** 0001877835
**File Stem:** 0000024090-25-000094
**Filing Date:** 2025-6
**Character Count:** 7432
**Document Hash:** 9dff54cd6e0bfc763bb850dc2736545a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000024090-25-000094.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0000024090-25-000094

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250103

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DAVIS CYNTHIA H
- **CENTRAL INDEX KEY:** 0001877835

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-16509
- **FILM NUMBER:** 251059701

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 149151
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78714
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIZENS, INC.
- **CENTRAL INDEX KEY:** 0000024090
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 840755371
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 11815 ALTERRA PKWY
- **STREET 2:** SUITE 1500
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78758
- **BUSINESS PHONE:** 5128377100

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 149151
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CITIZENS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CONTINENTAL INVESTORS LIFE INC
- **DATE OF NAME CHANGE:** 19881222

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DAVIS CYNTHIA H<br><sub>(Last) (First) (Middle)</sub><br>11815 ALTERRA PARKWAY, SUITE 1500<br><sub>(Street)</sub><br>AUSTIN, TX 78758<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-01-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CITIZENS, INC. [ CIA ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Citizens, Inc. Class A Common Stock | 2025-01-03 |  | L<sup>(1)</sup> |  | 63.6993 | A | $4.68 | 31171.2767 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-01-31 |  | L<sup>(1)</sup> |  | 59.6625 | A | $5 | 31230.9392 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-02-28 |  | L<sup>(1)</sup> |  | 59.6306 | A | $5 | 31290.5698 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-03-31 |  | L<sup>(1)</sup> |  | 65.3962 | A | $4.56 | 31355.966 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-05-02 |  | L<sup>(1)</sup> |  | 71.3675 | A | $4.17 | 31427.3335 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-05-30 |  | L<sup>(1)</sup> |  | 79.0474 | A | $3.77 | 31506.3809 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-06-18 |  | M |  | 14035 | A | <sup>(2)</sup> | 45541.3809 | D |  |
| Citizens, Inc. Class A Common Stock | 2025-06-18 |  | J<sup>(3)</sup> |  | 0.3809 | D | $3.40 | 45541 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(2)</sup> | 2025-06-17 |  | A |  | 12012 |  | <sup>(4)</sup> | <sup>(4)</sup> | Class A Common Stock | 12012 | $0 | 12012 | D |  |
| Restricted Stock Units | <sup>(2)</sup> | 2025-06-18 |  | M |  |  | 14035 | <sup>(5)</sup> | <sup>(5)</sup> | Class A Common Stock | 14035 | $0 | 0 | D |  |

---

### Footnotes:

(1) These shares were purchased through the Citizens, Inc. Stock Investment Plan as part of regular monthly payroll deduction.

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

(3) These fractional shares were sold through Computershare, plan administrator for the Citizens, Inc. Stock Investment Plan. The net proceeds of the sale to the holder was $0.00.

(4) On June 17, 2025, the reporting person was granted 12,012 restricted stock units, vesting on June 17, 2026.

(5) On June 18 , 2024, the reporting person was granted 14,035 restricted stock units, vesting on June 18, 2025.

**Signature:** /s/Sheryl Kinlaw, Attorney-in-Fact  
**Date:** 2025-06-20

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**