Citi Trends (CTRN) CFO has 1,252 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citi Trends Inc executive vice president and CFO Heather L. Plutino reported a routine tax-related share disposition. On May 5, 2026, the company withheld 1,252 shares of Common Stock at $46.82 per share to cover tax obligations by delivering shares. After this transaction, she continues to hold 21,036 Citi Trends shares directly, indicating this was a compensation-related event rather than an open-market sale.
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 | 1,252 | $46.82 | $59K |
Holdings After Transaction:
Common Stock — 21,036 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 1,252 shares
Implied share value: $46.82 per share
Post-transaction holdings: 21,036 shares
3 metrics
Tax-withheld shares
1,252 shares
Common Stock withheld on May 5, 2026 for tax obligations
Implied share value
$46.82 per share
Value used for 1,252-share tax-withholding disposition
Post-transaction holdings
21,036 shares
CFO’s direct Citi Trends Common Stock holdings after transaction
Key Terms
Form 4, tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
4 terms
Form 4 regulatory
"The filing does not report any open-market buys or sells. Instead, it shows a single tax-withholding disposition of 1,252 shares at $46.82 per share, used to satisfy tax obligations, while leaving 21,036 shares still held directly."
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.
tax-withholding disposition financial
"Citi Trends EVP and CFO Heather L. Plutino had 1,252 shares of Common Stock withheld to satisfy tax obligations. The shares were delivered at $46.82 each, reflecting a routine compensation-related tax-withholding disposition rather than an open-market purchase or sale."
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.
Common Stock financial
"Citi Trends EVP and CFO Heather L. Plutino had 1,252 shares of Common Stock withheld to satisfy tax obligations."
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Citi Trends (CTRN) report for Heather L. Plutino?
Citi Trends EVP and CFO Heather L. Plutino had 1,252 shares of Common Stock withheld to satisfy tax obligations. The shares were delivered at $46.82 each, reflecting a routine compensation-related tax-withholding disposition rather than an open-market purchase or sale.
Was the Citi Trends (CTRN) CFO’s Form 4 transaction a stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 1,252 shares were delivered at $46.82 per share to cover tax obligations, a common mechanism when equity awards vest or are exercised, without indicating discretionary selling activity.
What does transaction code “F” mean in the Citi Trends (CTRN) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,252 Citi Trends shares were withheld at $46.82 each to satisfy tax obligations, classifying the event as a non-market, compensation-related disposition.