Citi Trends officer stock award, tax withholding

Citi Trends Inc officer Lovesh Kumar Puri reported routine equity compensation and tax-related share adjustments.

Rhea-AI Filing Summary

Citi Trends Inc officer Lovesh Kumar Puri reported routine equity compensation and tax-related share adjustments. On June 30, he received a grant of 41 shares of common stock at no cost and had 15 shares withheld to cover tax obligations, following 263 shares previously withheld for taxes on May 5. After these transactions and a correction of previously over-reported holdings due to an administrative error, he now directly owns 3,943 Citi Trends common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Puri Lovesh Kumar

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	41	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	15	$57.84	$867.60
Exercise Price or Tax Liability	Common Stock	263	$46.82	$12K

Holdings After Transaction: Common Stock — 3,943 shares (Direct)

Footnotes (1)

1. F1. The amount corrects the number of securities beneficially owned by the reporting person, which was over-reported in the Form 3 filed on May 6, 2026 due to an administrative error.

Key Figures

Tax-withheld shares June 30: 15 shares Stock grant June 30: 41 shares Tax-withheld shares May 5: 263 shares +4 more

7 metrics

Tax-withheld shares June 30 15 shares Shares withheld at $57.84 per share to cover tax obligations on June 30, 2026

Stock grant June 30 41 shares Common stock granted at $0.00 per share on June 30, 2026

Tax-withheld shares May 5 263 shares Shares withheld at $46.82 per share to cover tax obligations on May 5, 2026

Total tax-withheld shares 278 shares Aggregate shares withheld for tax obligations across two transactions

Holdings after latest transaction 3,958 shares Direct Citi Trends common shares owned after June 30, 2026 transactions and correction

June 30 tax price $57.84 per share Value used for 15-share tax-withholding disposition on June 30, 2026

May 5 tax price $46.82 per share Value used for 263-share tax-withholding disposition on May 5, 2026

Key Terms

tax-withholding disposition, grant/award acquisition, beneficially owned, administrative error

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" and code F indicating payment of tax liability by delivering securities"

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.

grant/award acquisition financial

"transaction_action: "grant/award acquisition" for 41-share common stock award on June 30, 2026"

beneficially owned financial

"footnote: "the number of securities beneficially owned by the reporting person, which was over-reported""

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

administrative error other

"footnote: "over-reported in the Form 3 filed on May 6, 2026 due to an administrative error""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Citi Trends (CTRN) officer Lovesh Kumar Puri report?

Lovesh Kumar Puri reported a small stock award and tax-related share withholdings. He received 41 Citi Trends common shares as a grant and had 278 shares withheld in total on May 5 and June 30 to satisfy tax obligations tied to equity compensation.

How many Citi Trends (CTRN) shares does Lovesh Kumar Puri hold after these transactions?

After the reported transactions and a correction of prior reporting, Lovesh Kumar Puri directly holds 3,958 Citi Trends common shares. This figure reflects his current beneficial ownership following the June 30 grant and tax-withholding adjustments in May and June.

Were any of Lovesh Kumar Puri’s Citi Trends (CTRN) transactions open-market buys or sells?

No open-market buys or sells were reported. The filing shows a grant of 41 Citi Trends common shares and two tax-withholding dispositions totaling 278 shares, used to cover tax liabilities related to equity compensation rather than discretionary trading activity.

What does the tax-withholding disposition mean in the Citi Trends (CTRN) Form 4?

Tax-withholding dispositions mean shares were delivered back to Citi Trends to pay taxes on equity awards. In this filing, 15 shares on June 30 and 263 shares on May 5 were withheld, settling tax obligations instead of Puri selling shares in the open market.

Why did the Citi Trends (CTRN) Form 4 mention a correction of beneficial ownership?

The filing notes that prior beneficial ownership was over-reported in a Form 3 due to an administrative error. The updated holdings of 3,958 Citi Trends common shares are intended to correct that mistake and accurately reflect Lovesh Kumar Puri’s current direct ownership position.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/02/2026 - 04:34 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Puri Lovesh Kumar

(Last) (First) (Middle)

C/O CITI TRENDS, INC.

17 PARK OF COMMERCE BOULEVARD, SUITE 200

(Street)

SAVANNAH GEORGIA 31405

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Citi Trends Inc [ CTRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/05/2026		F		263	D	$46.82	3,917(1)	D
Common Stock	06/30/2026		A		41	A	$0	3,958	D
Common Stock	06/30/2026		F		15	D	$57.84	3,943	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The amount corrects the number of securities beneficially owned by the reporting person, which was over-reported in the Form 3 filed on May 6, 2026 due to an administrative error.

Remarks:

General Counsel & Board Secretary

	/s/ Heather Plutino, Attorney-in-Fact	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)