RYAN TIMOTHY 4

What Happened
Timothy Ryan, Head of Technology & Business Enablement at Citigroup, was granted 28,627.57 shares as a deferred stock award on February 11, 2026. The Form 4 reports the shares at $0.00 (award/grant), so no cash changed hands; the award is compensation rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely).
• Transaction type/code: Award/Grant (Code A).
• Shares: 28,627.57 shares granted; reported acquisition price $0.00 on the Form 4.
• Shares owned after transaction: not reported in this filing.
• Footnote: Award is deferred stock under the issuer’s 2019 Stock Incentive Plan and vests in four equal annual installments beginning January 20, 2027; none of the award is eligible for immediate sale.
• No 10b5-1 plan, tax‑withholding sale, or late-filing indication noted in the filing.

Context
This is a compensation grant (deferred stock) rather than a market transaction; such awards are routine executive compensation and do not by themselves indicate insider buying or selling intent. Vesting schedule means the shares will become payable over time and are restricted from immediate sale.