STOCK TITAN

Citi Trends (NASDAQ: CTRN) exec plans sale of stock grants

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Citi Trends Inc (CTRN) received a Rule 144 notice from officer Lisa A. Powell for a proposed sale of common stock. Powell plans to sell 10,000 shares of Citi Trends common stock through Charles Schwab, with an indicated aggregate market value of $700,000.00 and shares outstanding of 8,329,848 as of the filing. The shares to be sold were acquired as restricted stock units granted as equity compensation on 09/30/2022 and 06/26/2024. The notice is dated 08/28/2026 and references Nasdaq as the trading market.

Positive

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Shares to be sold 10,000 shares Proposed sale of Citi Trends common stock under Rule 144
Aggregate market value $700,000.00 Value associated with 10,000 Citi Trends common shares in the Form 144
Shares outstanding 8,329,848 shares Citi Trends common shares outstanding as referenced in the notice
RSU shares from 09/30/2022 grant 9,896 shares Restricted stock units acquired as equity compensation
RSU shares from 06/26/2024 grant 104 shares Restricted stock units acquired as equity compensation
Notice date 08/28/2026 Date of Rule 144 notice filed by Lisa Powell
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock unit financial
"COMMON | 09/30/2022 | RESTRICTED STOCK UNIT | ISSUER"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
equity compensation financial
"09/30/2022 | EQUITY COMPENSATION"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
common stock financial
"Common | Charles Schwab Corp."
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.

FAQ

How many CTRN shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 10,000 shares of Citi Trends Inc common stock. These shares are linked to restricted stock units granted as equity compensation on 09/30/2022 and 06/26/2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature