STOCK TITAN

Citi Trends (NASDAQ: CTRN) officer reports stock award and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 3,958 Citi Trends common shares.

Positive

  • None.

Negative

  • None.
Insider Puri Lovesh Kumar
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock 41 $0.00 --
Tax Withholding Common Stock 15 $57.84 $867.60
Tax Withholding Common Stock 263 $46.82 $12K
Holdings After Transaction: Common Stock — 3,958 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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""
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SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026F263D$46.823,917(1)D
Common Stock06/30/2026A41A$03,958D
Common Stock06/30/2026F15D$57.843,943D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact07/02/2026
** Signature of Reporting PersonDate
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)

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