Form 4: Citigroup Director Hennes Reports Stock Transactions
SEC Form 4
Director Duncan P. Hennes reports acquisition of Citigroup common stock through deferred shares and dividend reinvestments.
Summary
- On January 2, 2025, Director Duncan P. Hennes acquired Citigroup common stock through deferred shares awarded under the Issuer's Compensation Plan for Non-Employee Directors.
- A total of 2,117.8663 shares were acquired at $0.
- Additionally, 23.7195 shares were acquired at $70.826 through reinvestment of dividend equivalents.
- Another 258.5131 shares were acquired at $70.826 through reinvestment of dividend equivalents.
- Following these transactions, Hennes directly owns 2,529.8663 shares and indirectly owns 35,977.611 shares.
- The indirect shares are held by the Issuer for the benefit of the Reporting Person pursuant to the Issuer's Compensation Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Positives
- The acquisition of shares through deferred compensation and dividend reinvestment indicates a continued investment in Citigroup by the director.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is common in the financial industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of earliest transaction: Acquisition of common stock through deferred shares and dividend reinvestments. |
| 01/02/2025 | Vesting date of 2,999.9351 shares of deferred common stock. |
| 01/06/2025 | Date of signature by Attorney-in-Fact. |
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