Citigroup (NYSE: C) executive withholds stock to cover vesting tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citigroup Inc. Head of Wealth Andrew M. Sieg reported a tax-withholding share disposition tied to stock vesting. On 2026-03-20, 21,901.21 shares of Citigroup common stock were withheld at $109.85 per share to satisfy tax obligations from previously awarded stock vesting. After this non-market transaction, Sieg directly holds 243,491.62 shares of Citigroup common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sieg Andrew M.
Role
Head of Wealth
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 21,901.21 | $109.85 | $2.41M |
Holdings After Transaction:
Common Stock — 243,491.62 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Citigroup (C) report for Andrew M. Sieg?
Citigroup reported that Andrew M. Sieg had 21,901.21 common shares withheld to cover tax obligations from vesting stock. This Form 4 event reflects a tax-withholding disposition, not an open-market purchase or sale, and is tied to previously awarded equity compensation.
Was the Citigroup (C) Form 4 transaction a stock sale by Andrew M. Sieg?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Citigroup to satisfy tax obligations from the vesting of previously granted stock, a routine administrative step in equity compensation programs.
What does transaction code F mean in the Citigroup (C) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this Citigroup filing, it represents shares withheld to satisfy tax obligations when previously awarded stock vested, rather than a discretionary buy or sell order in the market.
What role does Andrew M. Sieg hold at Citigroup (C) in this Form 4?
Andrew M. Sieg is identified as an officer of Citigroup with the title Head of Wealth. The reported transaction reflects equity compensation mechanics associated with his executive role, specifically tax-withholding on vesting stock awards rather than a voluntary trading decision.