Form 4: Citizens Financial Group Controller Sells Shares
SEC Form 4 Filing
Craig Jack Read, Controller at Citizens Financial Group, sold 6,327 shares of common stock at an average price of $33.70 on April 19, 2024.
Summary
- On April 19, 2024, Craig Jack Read, Controller of Citizens Financial Group, Inc., sold 6,327 shares of common stock.
- The sale was executed at a weighted average price of $33.70 per share.
- Following the transaction, Read directly owns 37,558 shares of Citizens Financial Group, Inc.
- The price range for the shares sold was between $33.700 and $33.705, inclusive.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by a company insider.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to non-public information.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of the transaction: sale of common stock. |
| 04/22/2024 | Date of signature on the Form 4 filing. |
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