Citigroup (C) director Turley reports routine stock and deferred share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citigroup Inc. director James S. Turley reported stock-based compensation awards rather than open-market trades. On April 1, 2026, he acquired 6.8255 shares of Citigroup common stock at $110.99 per share through reinvestment of dividend equivalents under the company’s Compensation Plan for Non-Employee Directors, bringing his directly held stake to 2,806.4305 shares.
On the same date, he also acquired 211.2152 deferred shares of common stock at $110.99 per share, which the company holds for his benefit under the same compensation plan, increasing his indirect deferred holdings to 39,282.5162 shares. These awards reflect routine director compensation and do not represent discretionary open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Turley James S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6.826 | $110.99 | $757.56 |
| Grant/Award | Common Stock | 211.215 | $110.99 | $23K |
Holdings After Transaction:
Common Stock — 2,806.431 shares (Direct);
Common Stock — 39,282.516 shares (Indirect, See Footnote)
Footnotes (1)
- Reinvestment of dividend equivalents under the Issuer's Compensation Plan for Non-Employee Directors. Represents deferred shares of common stock held by the Issuer for the benefit of the Reporting Person pursuant to the Issuer's Compensation Plan for Non-Employee Directors.
Key Figures
Direct shares acquired: 6.8255 shares at $110.99
Direct holdings after award: 2,806.4305 shares
Deferred shares acquired: 211.2152 shares at $110.99
+2 more
5 metrics
Direct shares acquired
6.8255 shares at $110.99
Dividend equivalent reinvestment on April 1, 2026
Direct holdings after award
2,806.4305 shares
Common stock held directly after April 1, 2026 transaction
Deferred shares acquired
211.2152 shares at $110.99
Deferred common stock credited April 1, 2026
Indirect deferred holdings
39,282.5162 shares
Deferred Citigroup common stock held for Turley’s benefit
Transaction code
A (grant/award acquisition)
Both transactions classified as awards, not market trades
Key Terms
dividend equivalents, deferred shares, Compensation Plan for Non-Employee Directors, indirect ownership
4 terms
dividend equivalents financial
"Reinvestment of dividend equivalents under the Issuer's Compensation Plan for Non-Employee Directors."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Compensation Plan for Non-Employee Directors financial
"under the Issuer's Compensation Plan for Non-Employee Directors."
indirect ownership financial
"Represents deferred shares of common stock held by the Issuer for the benefit of the Reporting Person"
FAQ
What did Citigroup (C) director James S. Turley report in this Form 4?
James S. Turley reported routine stock-based compensation awards, not market trades. He received small amounts of Citigroup common stock and deferred shares under the company’s Compensation Plan for Non-Employee Directors, reflecting ongoing director compensation rather than a change in investment stance.
What are the indirect Citigroup (C) holdings reported by James S. Turley?
Turley reported 211.2152 deferred Citigroup shares acquired at $110.99 per share. These deferred shares are held by Citigroup for his benefit under the Compensation Plan for Non-Employee Directors, bringing his total indirect deferred holdings to 39,282.5162 shares.
Were James S. Turley’s Citigroup (C) transactions open-market buys or sells?
The transactions were not open-market buys or sells. They are coded as “A” for grant or award acquisitions, reflecting dividend equivalent reinvestments and deferred share awards under Citigroup’s non-employee director compensation plan, rather than discretionary trading in the market.
What do dividend equivalents mean in this Citigroup (C) Form 4 filing?
Dividend equivalents are cash amounts tied to dividends on underlying shares, here reinvested as additional Citigroup stock. In this filing, dividend equivalents under the non-employee director compensation plan were converted into 6.8255 new shares credited to James S. Turley’s direct holdings.
How large is James S. Turley’s total reported Citigroup (C) position after these awards?
After these awards, Turley holds 2,806.4305 Citigroup shares directly and 39,282.5162 deferred shares indirectly. Both positions arise from compensation arrangements for non-employee directors, combining current stock ownership with deferred share units held for his benefit.