Form 4: Citigroup Director Renee Jo James Reports Acquisition of Common Stock
SEC Form 4
Director Renee Jo James reports acquiring Citigroup common stock through reinvestment of cash and dividends under the Compensation Plan for Non-Employee Directors.
Summary
- On October 1, 2024, Renee Jo James, a director of Citigroup Inc., acquired 225.0037 shares of common stock at a price of $61.586 per share.
- This acquisition was made through the reinvestment of cash, including dividends, under the Compensation Plan for Non-Employee Directors.
- Additionally, James acquired 27.0326 shares of common stock at the same price, also on October 1, 2024.
- Following these transactions, James directly owns 2,999.9351 shares and indirectly owns 24,969.7927 shares of Citigroup common stock.
- The indirectly owned shares represent deferred shares held by Citigroup for James' benefit under the Compensation Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock acquisitions by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The director's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative to investors.
Stakeholder Impact
- The director's stock acquisitions could be viewed positively by shareholders, potentially increasing investor confidence.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of common stock acquisition. |
| 10/03/2024 | Date of signature by Attorney-in-Fact. |
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