Form 4: Ellen Costello Reports Citigroup Stock Transactions

Director Ellen Costello reports acquisition and disposal of Citigroup common stock on October 1, 2024, according to a Form 4 filing.

Summary

• Ellen Costello, a director of Citigroup, filed a Form 4 detailing changes in beneficial ownership of Citigroup common stock.
• On October 1, 2024, Costello acquired 832.1697 shares at $61.586 per share through deferred shares awarded under Citigroup's Compensation Plan for Non-Employee Directors.
• She also acquired 555.0521 shares at $61.586 per share through reinvestment of cash, including dividends, under the same compensation plan.
• An additional 27.0326 shares were acquired at $61.586 per share through reinvestment of cash, including dividends.
• Costello disposed of 3,920 shares of common stock from her personal brokerage account.
• She also disposed of 600 shares held indirectly by her spouse.
• Following these transactions, Costello directly owns 2,999.9351 shares and indirectly owns 62,429.0771 shares through the Issuer's Compensation Plan and 600 shares by spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Negatives

• Costello disposed of 3,920 shares from her personal brokerage account.
• She also disposed of 600 shares held indirectly by her spouse.

Industry Context

Form 4 filings are routine disclosures required by the SEC for corporate insiders, providing transparency into their trading activities. This filing indicates changes in Ellen Costello's holdings of Citigroup stock.

Stakeholder Impact

• The transactions may be of interest to Citigroup shareholders as they provide insight into the trading activity of a company director.

Key Dates