Form 4: Citizens Financial Group Controller Sells Shares
SEC Form 4 Filing
Craig Jack Read, Controller of Citizens Financial Group, sold 3,938 shares of common stock at a price of $43.255 on July 25, 2024.
Summary
- Craig Jack Read, the Controller of Citizens Financial Group, sold 3,938 shares of the company's common stock on July 25, 2024.
- The sale price was $43.255 per share.
- Following the transaction, Read directly owns 33,620 shares of Citizens Financial Group.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company insider. It's neutral in sentiment as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders. They do not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The sale of shares by a company insider could potentially be viewed negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction: Craig Jack Read sold shares of CFG common stock |
| 07/26/2024 | Date of signature for the Form 4 filing. |
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