RAGHAVAN VISWAS 4
Research Summary
AI-generated summary
Citigroup (C) Head of Banking Viswas Raghavan Receives Award
What Happened Viswas Raghavan, Head of Banking at Citigroup, was granted 59,710.36 shares as an award (transaction code A) on February 11, 2026. The shares were reported at a price of $0.00 (no cash paid) — this is a stock award/compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely).
- Shares granted: 59,710.36; reported acquisition price: $0.00 (award).
- Vesting: Award vests in four equal annual installments beginning January 20, 2027 (per footnote).
- Immediate sale: None of the award is eligible for immediate sale.
- Post-transaction beneficial ownership: Not specified in the information provided.
Context This is a compensation-related grant under Citigroup’s 2019 Stock Incentive Plan (deferred stock). Such awards are common for executives and are generally intended for retention and long-term alignment; they do not represent an immediate cash investment or liquidation by the insider.