Citizens Financial Group (NYSE: CFG) CEO sells stock, gifts 38K shares
Rhea-AI Filing Summary
CITIZENS FINANCIAL GROUP INC/RI Chairman and CEO Bruce Van Saun reported multiple Common Stock transactions dated July 24, 2026. He sold 129,369 shares at a weighted average price of $72.07 per share, with individual trades ranging from $71.85 to $72.32. He also made bona fide gifts totaling 38,350 shares, including 20,850 shares to a donor-advised fund for charitable purposes and 17,500 shares to an irrevocable Spousal Lifetime Access Trust for his spouse and descendants, for which he disclaims beneficial ownership; 17,500 shares are reported as held indirectly in that trust.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 167,719 shares
Net Sell
4 txns
Insider
VAN SAUN BRUCE
Role
Chairman and CEO
Sold
129,369 shs ($9.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 129,369 | $72.07 | $9.32M |
| Gift | Common Stock F3 | 20,850 | $0.00 | $0.00 |
| Gift | Common Stock F4 | 17,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,102,413 shares (Direct);
Common Stock — 17,500 shares (Indirect, Held by spouse in irrevocable Spousal Lifetime Access Trust)
Footnotes (4)
- F1. On July 24, 2026, the reporting person sold directly owned shares of common stock.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.85 to $72.32, inclusive. The reporting person undertakes to provide to Citizens Financial Group, Inc., any security holder of Citizens Financial Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. On July 24, 2026, the reporting person donated directly owned shares of common stock to a donor advised fund, which will use the gifted shares for charitable purposes.
- F4. On July 24, 2026, the reporting person contributed directly owned shares of common stock to an irrevocable Spousal Lifetime Access Trust, of which the reporting person is a trustee, and the reporting person's spouse and descendants are the sole beneficiaries. The reporting person disclaims beneficial ownership of the securities held by the trust.
Key Figures
Shares sold: 129,369 shares
Weighted average sale price: $72.07 per share
Sale price range: $71.85 to $72.32 per share
+4 more
7 metrics
Shares sold
129,369 shares
Common Stock sale by Bruce Van Saun on July 24, 2026
Weighted average sale price
$72.07 per share
Average price for the reported July 24, 2026 Common Stock sale
Sale price range
$71.85 to $72.32 per share
Price range of multiple transactions comprising the July 24, 2026 sale
Shares gifted to donor-advised fund
20,850 shares
Bona fide gift of Common Stock on July 24, 2026 for charitable purposes
Shares gifted to Spousal Lifetime Access Trust
17,500 shares
Contribution of Common Stock to irrevocable SLAT on July 24, 2026
Total gifted shares
38,350 shares
Aggregate Common Stock gifts on July 24, 2026 from transaction summary
Indirect shares held in trust
17,500 shares
Shares held indirectly by spouse in irrevocable Spousal Lifetime Access Trust
Key Terms
bona fide gift, Spousal Lifetime Access Trust, donor advised fund, weighted average price
4 terms
bona fide gift financial
"transaction_code_description: Bona fide gift relating to gifted Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Spousal Lifetime Access Trust financial
"Shares contributed to an irrevocable Spousal Lifetime Access Trust for spouse and descendants"
donor advised fund financial
"Shares donated to a donor advised fund to be used for charitable purposes"
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
weighted average price financial
"The price reported is a weighted average price across multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did CFG Chairman and CEO Bruce Van Saun report?
Bruce Van Saun reported selling 129,369 shares of Citizens Financial common stock on July 24, 2026 at a weighted average price of $72.07 per share, with individual sale prices ranging between $71.85 and $72.32.
Does the CFG Form 4 indicate use of a Rule 10b5-1 trading plan?
The disclosure does not identify any Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is not checked, and the footnotes describing the July 24, 2026 transactions do not reference a pre-arranged trading plan.