Form 4: Citigroup Executive Andrew J. Morton Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Andrew J. Morton, Head of Markets at Citigroup, disposed of shares to cover tax obligations related to vesting stock.
Summary
- On February 20, 2025, Andrew J. Morton, Head of Markets at Citigroup, disposed of 89,444.99 shares of Citigroup common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $83.94 per share.
- Following the transaction, Morton directly owns 411,174.19 shares of Citigroup common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations; it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates a standard practice of covering tax obligations through stock disposal.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock disposal transaction |
| 02/24/2025 | Date of signature on the Form 4 filing |
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