Form 4: Director Lillis Gains CFG Stock Through Dividend Reinvestment

Citizens Financial Group Director Terrance Lillis acquired 316.078 shares of common stock through restricted stock units credited from a dividend payment.

Summary

• Terrance Lillis, a Director at Citizens Financial Group Inc./RI (CFG), acquired 316.078 shares of common stock.
• The acquisition occurred on November 12, 2025, and was reported on November 13, 2025.
• The shares were acquired at a price of $0, indicating they were granted rather than purchased.
• This transaction reflects restricted stock units credited to Lillis's account following a dividend payment.
• The grant is pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Lillis beneficially owns 36,500.214 shares of CFG common stock directly.

Sentiment

Score: 6

Explanation: The filing reports a routine insider acquisition of shares through a compensation plan, which is a neutral to slightly positive signal as it increases director ownership, but does not indicate new strategic developments or significant financial performance changes.

Positives

• Director Terrance Lillis increased beneficial ownership in Citizens Financial Group by 316.078 shares, aligning his interests with shareholders.
• The acquisition is part of a pre-arranged compensation plan (Rule 10b5-1(c)), indicating structured and transparent insider transactions.
• The shares were acquired as restricted stock units from dividend payments, demonstrating the company's ongoing compensation structure for non-employee directors.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased stock ownership.

Key Dates

Recommendation

The filing details a routine acquisition of shares by a director through a pre-existing compensation plan, specifically restricted stock units credited from a dividend payment. This type of transaction is expected and does not provide new information that would significantly alter the investment thesis for Citizens Financial Group. It represents a standard component of director compensation and a minor increase in insider ownership, which is generally a neutral to slightly positive signal for long-term alignment but not a catalyst for a 'buy' or 'sell' recommendation.

Keywords

Citizens Financial Group, CFG, Terrance Lillis, Director, Insider Trading, Form 4, Restricted Stock Units, RSU, Dividend Reinvestment, Compensation Plan, 10b5-1 Plan, Stock Ownership