Form 4: Citigroup Director Ellen Costello Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Ellen Costello reports acquiring Citigroup common stock through deferred shares and reinvestment of cash under the company's compensation plan.

Summary

  • On July 1, 2024, Ellen Costello, a director of Citigroup Inc., acquired common stock through the company's Compensation Plan for Non-Employee Directors.
  • She acquired 828.7516 shares at $61.84 per share as deferred shares.
  • Additionally, she acquired 511.6714 shares at $61.84 per share through reinvestment of cash, including dividends.
  • She also acquired 25.2628 shares at $61.84 per share through reinvestment of cash, including dividends.
  • Following these transactions, Costello directly owns 2,972.9025 shares and indirectly owns 61,041.8553 shares.
  • She also indirectly owns 600 shares via her spouse.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

  • The director's participation in the company's compensation plan demonstrates alignment with shareholder interests.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company directors and officers.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding director stock ownership.

Key Dates

DateDescription
07/01/2024Date of common stock acquisition.
07/02/2024Date of signature by Attorney-in-Fact.

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