Citi Trends (CTRN) EVP disposes 398 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citi Trends Inc executive Lisa A. Powell, EVP and Chief Merch Officer, reported a tax-withholding disposition of 398 shares of Common Stock at $41.40 per share. This non-market transaction was used to satisfy tax obligations, and she now directly holds 23,800 shares.
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 | 398 | $41.40 | $16K |
Holdings After Transaction:
Common Stock — 23,800 shares (Direct, null)
Footnotes (1)
Key Figures
Shares used for tax withholding: 398 shares
Price per share: $41.40 per share
Shares held after transaction: 23,800 shares
+1 more
4 metrics
Shares used for tax withholding
398 shares
Non-derivative tax-withholding disposition on 2026-05-17
Price per share
$41.40 per share
Value applied to 398-share tax-withholding disposition
Shares held after transaction
23,800 shares
Direct ownership following reported Form 4 transaction
Tax-withholding transactions
1 transaction, 398 shares
Form 4 transactionSummary taxWithholdingCount and taxWithholdingShares
Key Terms
tax-withholding disposition, Form 4, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 398-share event"
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) describing Lisa A. Powell’s transaction"
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" for the reported Citi Trends shares"
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 398 Citi Trends common shares. The shares were valued at $41.40 each and were delivered to cover tax obligations, a routine non-market transaction under SEC rules for equity compensation events.
Was the Citi Trends (CTRN) Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition coded "F," not an open-market sale. Shares were delivered to satisfy tax liabilities related to equity compensation, rather than being sold on the market to third-party investors for discretionary liquidity.
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, 398 Citi Trends common shares were used to satisfy tax obligations, classifying the event as a non-derivative, tax-withholding disposition rather than a typical market trade.