Form 4: Citigroup CFO Mark Mason Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Citigroup's Chief Financial Officer, Mark Mason, reported a transaction involving the withholding of shares to cover tax obligations related to vested stock.
Summary
- On January 20, 2025, Mark Mason, the Chief Financial Officer of Citigroup Inc., reported a transaction on SEC Form 4.
- The transaction involved the withholding of 28,711.24 shares of Citigroup common stock at a price of $79.99 per share to satisfy tax withholding obligations related to the vesting of previously awarded stock.
- Following the transaction, Mason directly owns 223,924.46 shares of Citigroup common stock.
- Mason also indirectly owns 340.185 shares of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations from vested stock.
Key Dates
| Date | Description |
|---|---|
| 01/20/2025 | Date of transaction involving withholding of shares for tax obligations. |
| 01/22/2025 | Date of signature on the SEC filing. |
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