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Mark Mason, the Chief Financial Officer of Citigroup Inc. (NYSE:C), recently executed a significant stock sale amid the stock’s strong performance, with shares trading near their 52-week high of $84.67 and posting a 59.58% return over the past year. According to a Form 4 filing with the Securities and Exchange Commission, Mason sold 58,465 shares of common stock on February 14, 2025. The shares were sold at an average price of $83.21, resulting in a total transaction value of approximately $4.86 million.
This transaction follows a prior acquisition of 51,871.5 shares on February 13, 2025, as part of an award of deferred stock under Citigroup’s 2019 Stock Incentive Plan. This award is set to vest in four equal annual installments beginning in January 2026. The transaction occurred as Citigroup, with its current market capitalization of $158.8 billion, trades slightly below its InvestingPro Fair Value.
Additionally, Mason made a charitable gift of 3,073 shares, which is reflected in the filing. After these transactions, Mason holds 214,257.96 shares directly, with an additional 340.094 shares held indirectly through a 401(K) plan. For comprehensive insider trading analysis and 12 additional key insights about Citigroup, visit InvestingPro.
In other recent news, Citigroup Inc. has seen significant developments, including rewarding its CEO for her performance and making strategic executive appointments. The company’s CEO, Jane Fraser, received a $34.5 million compensation for her 2024 performance, reflecting Citigroup’s satisfaction with her leadership and the company’s improved financial performance. In another development, Citigroup appointed Nicole Giles as its new Chief Accounting Officer, bringing her extensive experience from J.P. Morgan Chase & Co. to the financial services giant.
Citigroup has also been active in expanding its capital structure, launching a new series of preferred stock, the 6.950% Fixed Rate Reset Noncumulative Preferred Stock, Series FF. Furthermore, the company issued 6.020% Fixed Rate / Floating Rate Callable Subordinated Notes due January 24, 2036, as part of its ongoing capital management strategy.
In regulatory news, the Federal Reserve informed Wall Street banks, including Citigroup, that they will not be required to participate in climate stress tests. These are the latest developments for Citigroup, reflecting its continued focus on strategic growth, leadership, and regulatory compliance.
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