Citigroup (NYSE: C) director receives 405-share stock grant as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REINER GARY M reported acquisition or exercise transactions in this Form 4 filing.
CITIGROUP INC director Gary M. Reiner received a grant of 405 shares of Common Stock as part of the company’s Compensation Plan for Non-Employee Directors. The shares were valued at $110.99 per share on the grant date. Following this award, he directly owns 49,346.0225 Citigroup shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REINER GARY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 405 | $110.99 | $45K |
Holdings After Transaction:
Common Stock — 49,346.023 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 405 shares
Grant value per share: $110.99 per share
Post-grant holdings: 49,346.0225 shares
3 metrics
Shares granted
405 shares
Common Stock award to director Gary M. Reiner
Grant value per share
$110.99 per share
Value used for the 405-share compensation grant
Post-grant holdings
49,346.0225 shares
Total Citigroup Common Stock directly owned after grant
Key Terms
Common Stock, Form 4, Compensation Plan for Non-Employee Directors, grant, award, or other acquisition
4 terms
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the insider transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Compensation Plan for Non-Employee Directors financial
"Shares awarded under the Issuer's Compensation Plan for Non-Employee Directors."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Citigroup (C) report for Gary M. Reiner?
Citigroup reported that director Gary M. Reiner received a grant of 405 shares of Common Stock. The award was issued under Citigroup’s Compensation Plan for Non-Employee Directors as part of his regular board compensation, rather than an open-market stock purchase.
At what price was Gary M. Reiner’s Citigroup (C) stock grant valued?
Gary M. Reiner’s 405-share Citigroup stock grant was valued at $110.99 per share. This value reflects the grant-date share price used for the award under the Compensation Plan for Non-Employee Directors, as disclosed in the Form 4 filing details.
Is Gary M. Reiner’s Citigroup (C) transaction a market purchase or a compensation award?
The transaction is a compensation award, not an open-market purchase. The Form 4 identifies the code as a grant or award acquisition, and the footnote explains the 405 shares were issued under Citigroup’s Compensation Plan for Non-Employee Directors.
What does the Form 4 transaction code A mean for Citigroup (C)?
For Citigroup, the Form 4 code A indicates a grant, award, or other acquisition of shares. In this case, director Gary M. Reiner received 405 Common Stock shares as a non-employee director compensation grant, rather than buying or selling shares in the market.