CITIZENS FINANCIAL GROUP INC/RI·4

Apr 24, 4:31 PM ET

Cumming Christine M 4

Research Summary

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Citizens Financial (CFG) Director Christine Cumming Receives Award

What Happened
Christine M. Cumming, a director of Citizens Financial Group, was granted 2,608 restricted stock units (RSUs) on April 23, 2026. The Form 4 reports an acquisition price of $0.00 (typical for RSU grants); the filing shows the award as an "A" (award/grant).

Key Details

  • Transaction date: 2026-04-23; Form 4 filed: 2026-04-24 (timely filing).
  • Award: 2,608 restricted stock units; acquisition price recorded as $0.00 (grant).
  • Shares owned after transaction: not specified in the filing.
  • Footnote: Award granted pursuant to the Amended & Restated Citizens Financial Group, Inc. 2014 Non‑Employee Directors Compensation Plan.
  • No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.

Context
RSU grants to non‑employee directors are a common element of board compensation and are generally part of routine pay rather than a direct signal of personal buying/selling conviction. The grant vests according to plan terms (not detailed here); market value at grant would equal the RSU count times CFG’s market price on the grant date, which the Form 4 does not state.