Cumming Christine M 4
Research Summary
AI-generated summary
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.