Form 4: Citi Trends EVP and CFO Heather L. Plutino Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Heather L. Plutino, EVP and CFO of Citi Trends Inc, reports a transaction involving common stock on June 27, 2024, resulting in a decrease in her holdings due to the disposition of shares to cover tax obligations.
Summary
- On June 27, 2024, Heather L. Plutino, the EVP and CFO of Citi Trends Inc., engaged in a transaction involving the company's common stock.
- The transaction involved the disposition of 584 shares at a price of $21.73 per share.
- This disposition was likely to cover tax obligations related to equity compensation.
- Following the transaction, Plutino directly owns 17,743 shares of Citi Trends Inc.
- The report was filed on July 1, 2024.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of transaction involving the disposition of common stock. |
| 07/01/2024 | Date the Form 4 was signed. |
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