Giles Nicole 4

What Happened
Nicole Giles, Chief Accounting Officer of Citigroup (C), reported two transactions on 2026-02-11. She sold 16,792 shares in an open-market sale at an average price of $119.04 per share for proceeds of $1,998,938. On the same date she was granted 29,911.26 shares as a deferred stock award (no purchase price).

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing within the two-business-day window).
• Sale: 16,792 shares disposed, average price $119.04, total proceeds $1,998,938. Price range reported $119.00–$119.11 (per footnote).
• Award: 29,911.26 shares granted under the 2019 Stock Incentive Plan at $0.00 acquisition price. Award vests in four equal annual installments beginning January 20, 2027; none of the award is eligible for immediate sale.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnote: issuer/reporting person will provide full trade-by-trade price/quantity details to the SEC on request.

Context
The open-market sale is a disposal (often routine) and does not itself indicate the insider’s view of Citigroup’s outlook. The grant is a deferred stock award that will vest over four years and is not immediately liquid — it’s a typical part of executive compensation.