CTRN Form 4: Director Margaret Jenkins disposes of 1,000 shares
Rhea-AI Filing Summary
Margaret L. Jenkins, a director of Citi Trends, Inc. (CTRN), reported a sale of company stock. The Form 4 shows a transaction dated 08/29/2025 in which 1,000 shares of Common Stock were disposed of at $36.21 per share, leaving Ms. Jenkins with 16,163 shares beneficially owned after the sale. The filing identifies her as a director and was submitted as a Form 4 by one reporting person. The document is signed on behalf of the reporting person by an attorney-in-fact, Heather Plutino, with a signature date of 09/05/2025. No derivative transactions, amendments, or additional explanatory details are provided in the filing.
Positive
- Timely disclosure of an insider transaction consistent with Section 16 reporting requirements
- Clear transaction details: date (08/29/2025), shares (1,000), price ($36.21), and post-transaction holdings (16,163)
Negative
- None.
Insights
TL;DR: Routine insider sale by a director; disclosure meets Section 16 reporting requirements and appears procedural.
The report documents a straightforward open-market sale of 1,000 common shares by a company director, reducing her beneficial holdings to 16,163 shares. This type of disclosure is common and satisfies statutory transparency obligations under Section 16. The filing includes a signed attorney-in-fact certification, indicating delegated filing authority. There is no additional context in the form suggesting acceleration, unusual timing, or planned-trade protection such as a 10b5-1 plan.
TL;DR: A small, single insider sale with limited market impact based on the disclosed size.
The transaction is a sale of 1,000 shares at $36.21, leaving total beneficial ownership of 16,163 shares for the reporting person. Given the relatively small size reported and absence of derivative activity or other related transactions, this Form 4 is unlikely to be material to valuation or corporate outlook on its own. The filing provides clear transactional detail but no commentary on the purpose of the sale.