Citi Trends (CTRN) VP logs share grant and tax-withholding adjustment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citi Trends VP of Stores and Real Estate Kyle Koenig reported routine share adjustments tied to compensation and taxes. Koenig received a grant of 95 shares of Common Stock and had 27 shares withheld as a tax-withholding disposition on the same date. After these entries, Koenig directly holds 11,606 shares of Common Stock. A footnote explains that the reported post-transaction holdings were also corrected for a prior administrative error in the number of shares previously forfeited for tax withholding, and states that no transactions were omitted.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Koenig Kyle
Role
VP of Stores and Real Estate
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 95 | $0.00 | -- |
| Tax Withholding | Common Stock | 27 | $57.84 | $2K |
Holdings After Transaction:
Common Stock — 11,606 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 27 shares
Share grant: 95 shares
Holdings after transactions: 11,606 shares
+1 more
4 metrics
Tax-withholding shares
27 shares
Common Stock withheld at $57.84 per share for taxes
Share grant
95 shares
Common Stock grant/award at $0.00 per share
Holdings after transactions
11,606 shares
Common Stock directly owned after June 30, 2026 entries
Tax-withholding price
$57.84 per share
Value used for 27-share tax-withholding disposition
Key Terms
tax-withholding disposition, grant, award, or other acquisition, Common Stock, administrative error
4 terms
tax-withholding disposition financial
"27 shares were reported as a tax-withholding disposition at $57.84 per share."
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, or other acquisition financial
"A 95-share transaction is described as a grant, award, or other acquisition."
Common Stock financial
"Both transactions involve Citi Trends Common Stock held directly by the reporting person."
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.
administrative error financial
"The footnote explains an administrative error in previously reported tax-withholding forfeitures."
FAQ
What insider transactions did Citi Trends (CTRN) report for Kyle Koenig?
Kyle Koenig reported a small share grant and related tax withholding. He received 95 shares of Citi Trends Common Stock and 27 shares were withheld to cover tax obligations, reflecting routine compensation-related activity rather than open-market buying or selling.
Was there an error corrected in Kyle Koenig’s Citi Trends Form 4 filing?
Yes, a prior administrative error in reported holdings was corrected. The footnote states Column 5 was adjusted to fix the number of securities previously forfeited for tax withholding, and confirms that no actual transactions were omitted from prior reporting.
Do Kyle Koenig’s Citi Trends (CTRN) transactions involve open-market buying or selling?
No, the transactions are compensation and tax-related, not market trades. One entry is a 95-share grant at zero price, and the other is a 27-share tax-withholding disposition, reflecting standard handling of equity awards rather than discretionary market activity.
What does the tax-withholding disposition mean in Kyle Koenig’s Citi Trends filing?
The tax-withholding disposition represents shares used to pay tax obligations. Specifically, 27 shares of Common Stock were delivered at a value of $57.84 per share to satisfy taxes on equity compensation, a common non-market mechanism for handling tax liabilities.