Form 4: Terrance Lillis Reports Changes in Beneficial Ownership of Citizens Financial Group Inc/RI Stock

Sentiment:

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

DateDescription
05/14/2025Date of transaction: acquisition of common stock.
05/15/2025Date of signature for the report.

Keywords

beneficial ownership, Form 4, Citizens Financial Group, director, Terrance Lillis, stock acquisition, dividend, restricted stock units

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.