Citizens Financial director awarded 2,608 RSUs
SIEKERKA MICHELE N reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SIEKERKA MICHELE N reported acquisition or exercise transactions in this Form 4 filing.
Citizens Financial Group director Michele N. Siekerka reported an equity award in the company’s common stock. She received a grant of 2,608 shares as a restricted stock unit award under the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan. Following this grant, she directly holds 66,159.978 shares of common stock. The filing also lists indirect holdings of 297 shares held by her son, 297 shares held by her daughter, and 6,102 shares held through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,608 shares
Grant/Award
4 txns
Insider
SIEKERKA MICHELE N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,608 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,159.978 shares (Direct);
Common Stock — 6,102 shares (Indirect, By IRA);
Common Stock — 297 shares (Indirect, By daughter);
Common Stock — 297 shares (Indirect, By son)
Footnotes (1)
- F1. Reflects a restricted stock unit award granted to the filer pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan
Key Figures
RSU award: 2,608 shares
Award price: $0.00 per share
Direct holdings after award: 66,159.978 shares
+3 more
6 metrics
RSU award
2,608 shares
Restricted stock unit award of common stock
Award price
$0.00 per share
Grant, award, or other acquisition
Direct holdings after award
66,159.978 shares
Common stock directly owned after transaction
Indirect holdings by son
297 shares
Common stock held indirectly by son
Indirect holdings by daughter
297 shares
Common stock held indirectly by daughter
Indirect holdings by IRA
6,102 shares
Common stock held indirectly through IRA
Key Terms
restricted stock unit award, Non-Employee Directors Compensation Plan, IRA
3 terms
restricted stock unit award financial
"Reflects a restricted stock unit award granted to the filer pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Non-Employee Directors Compensation Plan financial
"granted to the filer pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan"
IRA financial
"Common Stock ... total_shares_following_transaction: "6102.0000" ... nature_of_ownership: "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Michele N. Siekerka report in the latest Citizens Financial (CFG) Form 4?
Michele N. Siekerka reported receiving a grant of 2,608 shares of Citizens Financial common stock as a restricted stock unit award. The award was made under the company’s 2014 Non-Employee Directors Compensation Plan and reflects compensation rather than an open-market purchase or sale.
Was the Citizens Financial (CFG) Form 4 transaction an open-market buy or sell?
The Form 4 does not show an open-market buy or sell. It reports a grant of 2,608 common shares as a restricted stock unit award with a price per share of $0.00, indicating a compensation-related acquisition rather than a market transaction.
What plan governs Michele N. Siekerka’s restricted stock unit award at Citizens Financial (CFG)?
The restricted stock unit award to Michele N. Siekerka was granted under the Amended & Restated Citizens Financial Group, Inc. 2014 Non-Employee Directors Compensation Plan. This plan governs equity compensation for non-employee directors, including awards like the 2,608-share grant reported.
What indirect Citizens Financial (CFG) holdings are reported for Michele N. Siekerka?
The filing lists three categories of indirect Citizens Financial holdings for Michele N. Siekerka: 297 common shares held by her son, 297 common shares held by her daughter, and 6,102 common shares held through an IRA. These are recorded as indirect ownership positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
