OTHER INFORMATION
−Removed: During the three months ended June 30, 2024, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Citizens, Inc.
−Removed: securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.” Additionally, Citizens did not adopt or terminate any Rule 10b5-1 trading arrangement during the three months ended June 30, 2024.
+Added: In August 2024, our Chief Marketing Officer, Robert Mauldin III, transitioned to a part-time strategic sales consultant where he continues to retain responsibility and perform policy-making functions for our international sales division by providing strategic advice, product design and enhancement consultation, leadership for both our sales and
+Added: September 30, 2024 | 10-Q 59
+Added: CITIZENS, INC.
+Added: marketing teams, and relationship management.
+Added: He also serves as chair of the steering committee for SPLIC in our Home Services Insurance segment.
+Added: In connection with the shift in responsibilities and hours, the Company and Mr.
+Added: Mauldin entered into a Services Agreement effective as of August 2, 2024 (the "Mauldin Agreement").
+Added: Pursuant to the Mauldin Agreement, beginning on September 1, 2024, Mr.
+Added: Mauldin is paid (i) a monthly fee in the amount of $2,500, plus (ii) a daily service fee in the amount of $2,282 per full day of services provided.
+Added: It is anticipated that he will provide services for 8 full days per month.
+Added: Additionally, he is reimbursed for reasonable travel expenses.
+Added: During the three months ended September 30, 2024, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Citizens, Inc.
+Added: securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.” Additionally, Citizens did not adopt or terminate any Rule 10b5-1 trading arrangement during the three months ended September 30, 2024.
The following exhibits are filed herewith:
1 unchanged sentence
Amended and Restated Bylaws dated June 2, 2021 (incorporated herein by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K, filed on June 7, 2021)
−Removed: Credit Agreement between the Company and Regions Bank dated May 3 , 202 4 *
+Added: Services Agreement between Citizens, Inc.
+Added: and Robert M.
+Added: Mauldin III effective August 2, 2024*†
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act*
6 unchanged sentences
† Indicates management contract or compensatory plan or arrangement.
−Removed: June 30, 2024 | 10-Q 59
+Added: September 30, 2024 | 10-Q 60
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
4 unchanged sentences
Vice President, Chief Financial Officer, Chief Investment Officer & Treasurer
−Removed: August 6, 2024
−Removed: June 30, 2024 | 10-Q 60
+Added: November 7, 2024
+Added: September 30, 2024 | 10-Q 61
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.