Form 4: Citigroup Director Grace E. Dailey Reports Stock Acquisition

Sentiment:

SEC Form 4 Filing


Grace E. Dailey, a director at Citigroup, reported the acquisition of common stock through reinvestment of cash under the company's compensation plan.

Summary

  • On April 1, 2024, Grace E. Dailey, a director of Citigroup Inc., acquired 25.0304 shares of common stock.
  • The acquisition was made through the reinvestment of cash, including dividends, under the Compensation Plan for Non-Employee Directors.
  • The price per share was $61.884.
  • Following the transaction, Dailey beneficially owns 14,207.1136 shares of Citigroup common stock.

Sentiment

Score: 7

Explanation: Routine transaction indicating director's continued investment in the company; generally a positive signal.

Positives

  • The director's participation in the compensation plan signals confidence in the company's future.

Industry Context

Directors acquiring company stock is generally viewed positively, as it aligns their interests with those of shareholders. This is a routine transaction under Citigroup's compensation plan.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
04/01/2024Date of transaction: Acquisition of Citigroup common stock.
04/03/2024Date of report signature.

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