Form 4/A: Jane Fraser awarded deferred stock, $96.3 strike options
Rhea-AI Filing Summary
Citigroup Inc. (C) filed an amended Form 4 for Chair & CEO Jane Fraser. On 10/22/2025, she received 259,605.4 deferred shares at $0, bringing her beneficial ownership to 886,023.62 shares.
She was also granted 1,000,000 employee stock options with a $96.3 exercise price, expiring on 10/22/2035. Both awards vest in three equal annual installments beginning on October 22, 2028, and none is eligible for immediate sale.
The amendment clarifies the option grant is 1,000,000 options and notes an additional 55,000 options were approved to be formally granted in 2026 and will be reported then.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options (Right to Buy) | 1,000,000 | $0.00 | -- |
| Grant/Award | Common Stock | 259,605.4 | $0.00 | -- |
Footnotes (1)
- Award of deferred stock pursuant to the Issuer's 2019 Stock Incentive Plan. This award vests in three equal annual installments beginning on October 22, 2028; none of the award is eligible for immediate sale. Award of stock options to purchase Citigroup Inc. common stock pursuant to the Issuer's 2019 Stock Incentive Plan. This award vests and becomes exercisable in three equal annual installments beginning on October 22, 2028; none of the award is eligible for immediate sale.
FAQ
What did Citigroup (C) disclose in this Form 4/A?
An amended insider filing for Jane Fraser showing 259,605.4 deferred shares at $0 and 1,000,000 stock options at a $96.3 exercise price on 10/22/2025.
How do the awards to Citigroup (C) CEO Jane Fraser vest?
Both the deferred shares and options vest in three equal annual installments beginning on October 22, 2028.
What is Jane Fraser’s beneficial ownership after the reported transactions?
Beneficial ownership is 886,023.62 shares following the reported transactions.
What are the key terms of the stock options granted to Jane Fraser at Citigroup (C)?
1,000,000 options with a $96.3 exercise price, expiring on 10/22/2035; granted at $0 cost.
Why was this Citigroup (C) Form 4 amended?
To state the option grant is 1,000,000 and to note approval of an additional 55,000 options to be formally granted in 2026 and reported then.
What roles does the reporting person hold at Citigroup (C)?
Jane Fraser is a Director and Officer, serving as Chair & CEO.