Form 4: Citi Trends EVP Lisa A. Powell Reports Stock Disposal

Lisa A. Powell, EVP and Chief Merchandising Officer of Citi Trends Inc, reported disposing of 397 shares of common stock on May 17, 2025, to cover tax obligations.

Summary

• Lisa A. Powell, an Executive Vice President and Chief Merchandising Officer at Citi Trends Inc, filed a Form 4 indicating changes in beneficial ownership.
• On May 17, 2025, Powell disposed of 397 shares of Citi Trends Inc common stock.
• The transaction was executed at a price of $26.21 per share.
• This disposal was likely to cover tax obligations related to vesting equity.
• Following the transaction, Powell directly owns 24,888 shares of Citi Trends Inc.
• The form was signed on May 20, 2025, by Heather Plutino as attorney-in-fact.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates

Keywords

Form 4, Citi Trends Inc, CTRN, Lisa A. Powell, Beneficial Ownership, Stock Disposal, Executive Compensation