{"schema_version":"secwatch.filing_event.v1","accession":"0000024090-24-000036","form_type":"8-K","ticker":"CIA","cik":"0000024090","company_name":"CITIZENS, INC.","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.507783+00:00","generated_at":"2026-06-04T16:04:12.675305+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Jon Stenberg appointed President of Citizens; named CEO effective July 1, 2024","bullets":["Jon Stenberg appointed President effective March 18, 2024; to become CEO on July 1, 2024, succeeding Gerald Shields.","Stenberg brings 30+ years experience; previously EVP at Symetra Life Insurance and GM at Ameriprise Financial.","Employment agreement: base salary $450k (President) and $500k (CEO); annual bonus target $350k/$400k; LTI target $350k/$450k.","Sign-on RSUs of $300k vesting over 3 years; relocation benefits up to $100k+ grossed up.","Press release highlights no debt, positive net cash from operations since 2004, and AM Best rating for CICA Life."],"urls":{"canonical":"https://secwatch.observer/filing/0000024090-24-000036","json":"https://secwatch.observer/filing/0000024090-24-000036.json","markdown":"https://secwatch.observer/filing/0000024090-24-000036.md","text":"https://secwatch.observer/filing/0000024090-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/24090/000002409024000036/0000024090-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/24090/000002409024000036/cia-20240318.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T16:04:12.675305+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4784d05808","claim":"Jon Stenberg was appointed as President at CITIZENS, INC..","evidence_excerpt":"On March 18, 2024, the Company announced that Jon Stenberg, age 58, has been appointed as President of the Company, reporting to Mr. Shields, until June 30, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24090/000002409024000036/0000024090-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"a6473a3876","claim":"Jon Stenberg was appointed as Chief Executive Officer at CITIZENS, INC..","evidence_excerpt":"and will become the Chief Executive Officer on July 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24090/000002409024000036/0000024090-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"fe5910ad18","claim":"Gerald W. Shields departed as Chief Executive Officer at CITIZENS, INC..","evidence_excerpt":"extended Mr. Shields’ term as Chief Executive Officer to June 30, 2024 in order to facilitate a smooth transition to a new Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24090/000002409024000036/0000024090-24-000036-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}