Citi Trends (CTRN) officer Puri discloses 4,398 directly held shares on Form 3
Rhea-AI Filing Summary
Citi Trends Inc officer Lovesh Kumar Puri filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows he directly holds 4,398 shares of Common Stock, establishing his starting equity position as a company insider. The entry reflects a reported holding rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Puri Lovesh Kumar
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,398 shares (Direct)
Key Figures
Common Stock held: 4,398 shares
1 metrics
Common Stock held
4,398 shares
Total Common Stock beneficially owned directly after reported position
Key Terms
Form 3, beneficial ownership, Common Stock, direct ownership
4 terms
Form 3 regulatory
"officer Lovesh Kumar Puri filed an initial Form 3 reporting his beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial Form 3 reporting his beneficial ownership in the company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"he directly holds 4,398 shares of Common Stock, establishing his starting equity position"
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.
direct ownership financial
"The entry is marked as direct ownership with an ownership code of “D.”"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Citi Trends (CTRN) Form 3 filing for Lovesh Kumar Puri show?
The Form 3 shows officer Lovesh Kumar Puri reporting beneficial ownership of 4,398 shares of Citi Trends Common Stock. This establishes his initial disclosed equity position as an insider, without indicating any recent purchase or sale transaction.
Is the Citi Trends (CTRN) Form 3 for Lovesh Kumar Puri a buy or sell transaction?
The Form 3 does not report a buy or sell; it reports a holding entry. It simply states that after the reported position, 4,398 Common Stock shares are beneficially owned directly, serving as an initial ownership disclosure.
What type of security is reported in the Citi Trends (CTRN) Form 3 filing?
The filing reports ownership of Common Stock of Citi Trends Inc. It specifies that after the reported holding, 4,398 Common Stock shares are owned directly by officer Lovesh Kumar Puri as part of his insider position.
Does the Citi Trends (CTRN) Form 3 indicate indirect ownership for Lovesh Kumar Puri?
No, the entry is marked as direct ownership with an ownership code of “D.” The filing attributes 4,398 Common Stock shares directly to Lovesh Kumar Puri, without listing any indirect holdings through other entities.