Coughlin Brendan 4
Research Summary
AI-generated summary
CITIZENS (CFG) President Brendan Coughlin Receives Award, Sells Shares
What Happened Brendan Coughlin, President of Citizens Financial Group (CFG), was granted 26,499 shares (award) on 2026-03-01 at $0.00 per share under the company's omnibus incentive plan. On the same date, 22,659 shares were disposed to satisfy tax withholding obligations at $60.19 per share, generating proceeds of $1,363,845. The award is reported as a grant (code A) and the disposal as tax withholding (code F).
Key Details
- Transaction date(s): 2026-03-01; filing date: 2026-03-03 (reporting period 2026-03-01).
- Grant: 26,499 shares @ $0.00 (per footnote, granted under the Amended and Restated Citizens Financial Group, Inc. 2014 Omnibus Incentive Plan).
- Tax withholding/disposition: 22,659 shares @ $60.19 = $1,363,845 (code F).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 confirms the award was made under the 2014 Omnibus Incentive Plan.
- Filing timeliness: Filing date is shown as Mar 3, 2026 reporting the Mar 1 transactions; no late-filing designation was provided in the supplied data.
Context This was an equity award to an executive with a routine share disposition to satisfy tax withholding—common after grants vest. Awards (A) increase potential future holdings, while the withholding sale (F) is typically procedural and does not necessarily indicate a change in the insider’s view of the company.