Form 4: Citizens Financial Group Controller Read Craig Jack Reports Changes in Beneficial Ownership

Controller Read Craig Jack of Citizens Financial Group reports acquisition and disposal of common stock on March 1, 2024.

Summary

• On March 1, 2024, Read Craig Jack, Controller of Citizens Financial Group, reported acquiring 10,433 shares of common stock.
• These shares were awarded under the Citizens Financial Group, Inc. 2014 Omnibus Incentive Plan.
• On the same day, Read Craig Jack disposed of 2,076 shares of common stock at a price of $31.39.
• Following these transactions, Read Craig Jack beneficially owns 48,393 shares of Citizens Financial Group common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by a company insider. The acquisition of shares through an incentive plan is mildly positive, suggesting alignment with company goals.

Positives

• The acquisition of shares reflects participation in the company's incentive plan, aligning the controller's interests with those of the shareholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates