Selvakesari Anand 4
Research Summary
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Citigroup COO Selvakesari Anand Receives Deferred Stock Award
What Happened Selvakesari Anand, Chief Operating Officer of Citigroup Inc., was granted 29,202.1 shares as a deferred stock award on 2026-02-11 (reported on Form 4). The shares were acquired at $0.00 (reported value $0) as part of compensation — not an open-market purchase or sale — and are not eligible for immediate sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
- Transaction type: Award/Grant (Form 4 code A).
- Shares granted: 29,202.1; acquisition price reported as $0.00 (total $0 at grant).
- Vesting: Award vests in four equal annual installments beginning January 20, 2027 (per footnote).
- Sale restriction: None of the award is eligible for immediate sale.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Plan: Issued under Citigroup’s 2019 Stock Incentive Plan.
Context This is a compensation award (deferred equity) intended for retention/incentive and differs from a market purchase or sale; its eventual value to the insider depends on future stock price and satisfaction of vesting conditions. Tax withholding or net-settlement details, if any, were not disclosed in the excerpt. For retail investors, purchases can be a clearer bullish signal than awards, which are common executive compensation.