Form 4: Terrance Lillis Reports Changes in Beneficial Ownership of Citizens Financial Group Inc/RI Stock
SEC Form 4 Filing
Terrance Lillis, a director of Citizens Financial Group Inc/RI, reports acquisition of common stock and adjustments to holdings, including those held indirectly through a revocable trust.
Summary
- On May 14, 2025, Terrance Lillis, a director of Citizens Financial Group Inc/RI, acquired 358.694 shares of common stock.
- These shares were acquired as restricted stock units credited to his account following a dividend payment.
- The acquisition was made pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan.
- Following the transaction, Lillis directly owns 35,877.924 shares of common stock.
- Additionally, Lillis indirectly owns 4,000 shares of common stock held by his spouse in a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it reflects the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: acquisition of common stock. |
| 05/15/2025 | Date of signature for the report. |
Keywords
beneficial ownership, Form 4, Citizens Financial Group, director, Terrance Lillis, stock acquisition, dividend, restricted stock units
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