Form 4: Citigroup Director James S. Turley Reports Stock Acquisitions

Sentiment:

SEC Form 4 Filing


Director James S. Turley reports acquiring Citigroup common stock through reinvestment of cash and dividends under the Compensation Plan for Non-Employee Directors.

Summary

  • James S. Turley, a director of Citigroup, reported changes in beneficial ownership of Citigroup common stock on October 1, 2024.
  • The transactions involved the acquisition of common stock through reinvestment of cash, including dividends, under the Compensation Plan for Non-Employee Directors.
  • Turley acquired 294.6199 shares at $61.586 per share and 27.0326 shares at $61.586 per share.
  • Following the reported transactions, Turley beneficially owns 4,536.9351 shares directly and 32,695.4433 shares indirectly.
  • The indirectly held shares represent deferred shares of common stock held by Citigroup for Turley's benefit under the 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 director's participation in the Compensation Plan for Non-Employee Directors demonstrates alignment with shareholder interests.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the actions of company leadership.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine stock acquisitions by a director.

Key Dates

DateDescription
10/01/2024Date of stock acquisition.
10/03/2024Date of signature by Attorney-in-Fact.

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