Citizens exec delivers 10,778 shares at $68.87
CITIZENS FINANCIAL GROUP INC/RI (CFG) reported that Matthew Boss, its Head of Consumer Banking, had 10,778 shares of common stock delivered or withheld on September 1, 2026, as payment of exercise price or tax liability.
Rhea-AI Filing Summary
CITIZENS FINANCIAL GROUP INC/RI (CFG) reported that Matthew Boss, its Head of Consumer Banking, had 10,778 shares of common stock delivered or withheld on September 1, 2026, as payment of exercise price or tax liability. The shares were valued at $68.87 per share, and he now holds 73,824 shares directly. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Exercise Price or Tax Liability: 10,778 shares
Exercise Price or Tax Liability
1 txn
Insider
Boss Matthew
Role
Head of Consumer Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,778 | $68.87 | $742K |
Holdings After Transaction:
Common Stock — 73,824 shares (Direct)
Key Figures
Shares delivered/withheld: 10,778 shares
Per-share value: $68.87 per share
Shares held after transaction: 73,824 shares
3 metrics
Shares delivered/withheld
10,778 shares
Payment of exercise price or tax liability on September 1, 2026
Per-share value
$68.87 per share
Value applied to the 10,778 shares used for exercise price or tax liability
Shares held after transaction
73,824 shares
Direct holdings of Matthew Boss following the reported transaction
Key Terms
exercise price, tax liability, Rule 10b5-1 trading plan
3 terms
exercise price financial
"Payment of exercise price or tax liability by delivering or withholding securities"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did CFG executive Matthew Boss report?
Matthew Boss reported that 10,778 CFG common shares were delivered or withheld on September 1, 2026, as payment of exercise price or tax liability, at a value of $68.87 per share, leaving him with 73,824 shares held directly.
Did the CFG Form 4 filing show an open-market sale or purchase?
No. The Form 4 reports a code F transaction, meaning 10,778 shares were delivered or withheld to pay an exercise price or tax liability, rather than an open-market sale or purchase.
Was the CFG insider transaction made under a Rule 10b5-1 plan?
No. The filing shows the Rule 10b5-1 checkbox as not affirmed, indicating that the reported transaction was not disclosed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
