Form 4: Director Terrance Lillis Increases Stake in CFG

Citizens Financial Group Director Terrance Lillis acquired 2,608 shares of common stock via a restricted stock unit award.

Summary

• Director Terrance Lillis was granted 2,608 restricted stock units (RSUs) on April 23, 2026.
• The grant was issued under the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan.
• Following this transaction, the director's direct beneficial ownership increased to 39,366.365 shares.
• The director also maintains an indirect interest of 4,000 shares held by a spouse in a revocable trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Future Outlook

No specific forward-looking guidance regarding company performance was provided in this filing.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the banking sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices at peer financial institutions like Fifth Third Bancorp and KeyCorp.

Stakeholder Impact

• Increased alignment between the board of directors and shareholders.

Next Steps

• Vesting of the granted restricted stock units according to the terms of the 2014 Non-Employee Directors Compensation Plan.

Key Dates

Keywords

Citizens Financial Group, CFG, Insider Trading, Form 4, Director Compensation, Equity Grant