Citi Trends (CTRN) CFO uses 371 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citi Trends EVP and CFO Heather L. Plutino had 371 shares of Common Stock disposed of at $41.40 per share to cover tax obligations, according to a Form 4 code F tax-withholding disposition. After this routine transaction, she directly owns 20,665 shares of Citi Trends stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Plutino Heather L
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 371 | $41.40 | $15K |
Holdings After Transaction:
Common Stock — 20,665 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares disposed: 371 shares
Price per share: $41.40 per share
Shares owned after transaction: 20,665 shares
3 metrics
Tax-withholding shares disposed
371 shares
Code F tax-withholding disposition of Common Stock
Price per share
$41.40 per share
Price used for 371-share tax-withholding disposition
Shares owned after transaction
20,665 shares
Direct Common Stock holdings after disposition
Key Terms
tax-withholding disposition, transaction code F, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code F financial
"transaction_code: "F" with description of tax liability payment"
Common Stock financial
"security_title: "Common Stock""
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
What insider transaction did Citi Trends (CTRN) report for Heather L. Plutino?
Citi Trends reported that EVP and CFO Heather L. Plutino had 371 Common Stock shares disposed of at $41.40 per share. The Form 4 classifies this as a tax-withholding disposition under transaction code F, not an open-market sale.
Was the Citi Trends (CTRN) CFO’s Form 4 transaction a market sale?
The transaction was not an open-market sale. It is coded F on Form 4, described as a tax-withholding disposition, meaning shares were delivered to cover tax liabilities rather than being voluntarily sold on the open market.
What does transaction code F mean in the Citi Trends (CTRN) Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this Citi Trends filing, 371 shares were used to satisfy tax obligations, which is treated as a disposition but not a discretionary market trade.
Is the Citi Trends (CTRN) CFO’s Form 4 transaction likely to be routine?
The filing describes a tax-withholding disposition of 371 shares under code F, a common mechanism when equity awards vest. Such transactions are typically administrative and routine, reflecting tax payments rather than a change in investment view.