Form 4: Citigroup Executive Brent McIntosh Reports Stock Transaction
SEC Form 4 Filing
Brent McIntosh, Chief Legal Officer & Corp. Sec'y of Citigroup, reports the withholding of shares to cover tax obligations related to vesting stock.
Summary
- On January 20, 2025, Brent McIntosh, Chief Legal Officer & Corp. Sec'y of Citigroup, reported a transaction involving Citigroup's common stock.
- 12,242.85 shares of common stock were withheld to satisfy tax obligations related to the vesting of previously awarded stock.
- The price per share was $79.99.
- Following the transaction, McIntosh directly owns 92,209.35 shares of Citigroup common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 01/20/2025 | Date of the stock transaction (withholding of shares). |
| 01/22/2025 | Date of signature by Attorney-in-Fact. |
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