Citigroup (C) COO reports 27,154-share tax withholding on vested stock
Rhea-AI Filing Summary
Citigroup Inc. Chief Operating Officer Anand Selvakesari reported a Form 4 transaction involving company common stock. On January 20, 2026, 27,154.48 shares of Citigroup common stock were withheld at a price of $118.04 per share to satisfy tax withholding obligations tied to the vesting of previously awarded stock. After this tax-related withholding, Selvakesari beneficially owned 202,025.21 shares of Citigroup common stock, held in direct ownership. The filing characterizes this as a tax withholding event rather than an open market purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 27,154.48 | $118.04 | $3.21M |
Footnotes (1)
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FAQ
What insider transaction did Citigroup (C) report for Anand Selvakesari?
The filing reports that Chief Operating Officer Anand Selvakesari had 27,154.48 shares of Citigroup common stock withheld on January 20, 2026 to cover tax withholding obligations related to the vesting of previously awarded stock.
Was the Citigroup (C) Form 4 transaction an open market sale?
No. The Form 4 explains that the transaction was a withholding of shares to satisfy tax withholding obligations in connection with the vesting of previously awarded stock, rather than an open market sale.
What transaction code is used in this Citigroup (C) Form 4 filing?
The transaction is reported in Table I with transaction code "F", which in this context corresponds to shares withheld to satisfy tax withholding obligations upon vesting of previously awarded stock.
What is Anand Selvakesari’s role at Citigroup (C) in this filing?
In this Form 4, Anand Selvakesari is identified as an officer of Citigroup Inc., serving as the company’s Chief Operating Officer.