Citi Trends (CTRN) EVP uses 1,333 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citi Trends Inc executive Lisa A. Powell reported a routine tax-related share disposition. On May 5, 2026, 1,333 shares of Common Stock were withheld at $46.82 per share to cover tax obligations tied to equity compensation.
After this tax-withholding transaction, Powell directly held 24,198 Citi Trends shares. Because the shares were withheld by the company to satisfy taxes, this filing does not reflect an open-market sale or a discretionary change in her investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Powell Lisa A.
Role
EVP and Chief Merch Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,333 | $46.82 | $62K |
Holdings After Transaction:
Common Stock — 24,198 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 1,333 shares
Tax-withholding price: $46.82 per share
Shares after transaction: 24,198 shares
3 metrics
Tax-withholding shares
1,333 shares
Common Stock used for tax-withholding disposition on May 5, 2026
Tax-withholding price
$46.82 per share
Value applied to withheld shares for tax obligations
Shares after transaction
24,198 shares
Direct Citi Trends holdings following the tax-withholding disposition
Key Terms
tax-withholding disposition, Form 4, 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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 did Citi Trends (CTRN) executive Lisa A. Powell report in this Form 4?
Lisa A. Powell reported a tax-withholding disposition of Citi Trends shares. On May 5, 2026, 1,333 shares of Common Stock were withheld to cover tax obligations arising from equity compensation, rather than sold in the open market.
Was this Citi Trends (CTRN) Form 4 an open-market sale by Lisa A. Powell?
No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company at $46.82 per share to satisfy tax obligations associated with equity compensation, a common non-discretionary administrative transaction.
What role does Lisa A. Powell hold at Citi Trends (CTRN) in this Form 4?
Lisa A. Powell is identified as EVP and Chief Merch Officer of Citi Trends Inc. Her Form 4 reports a tax-related share disposition, providing transparency about changes in her directly held Common Stock position with the company.