Form 8-K · Current Report · Filed 2024-05-02
Citigroup Inc. Amends 2019 Stock Incentive Plan and Announces Annual Meeting Results
On April 30, 2024, Citigroup Inc. announced the amendment and restatement of its 2019 Stock Incentive Plan, extending its term by five years and increasing the number of authorized shares by 30 million. The amendment also included clarifications on equitable adjustments, minimum vesting requirements, and performance conditions in connection with a change in control. Additionally, the company reported the results of its 2024 Annual Meeting of Stockholders, including the election of 13 directors, the ratification of KPMG LLP as the independent registered public accounting firm, and the approval of the advisory vote on 2023 executive compensation. Several stockholder proposals, including one for an independent board chairman policy and another on respecting Indigenous Peoples' rights, were not approved.
- Filer
- Citigroup Inc. C · NYSE
- Filed
- Accession
- 0001104659-24-056383
- CIK
- 0000831001
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Submission of Matters to a Vote of Security Holders
Financial Statements and Exhibits
Market reaction
Close before filing
$61.35
Next session
+0.3%
Since filing
+115.9%
Latest close
$132.45
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from C reporting the same item, with the next session's move:
Exhibits (2)
About Citigroup Inc.
Citigroup Inc. is a leading global financial services corporation, providing a broad array of financial products and services to consumers, corporations, governments, and institutions. As a diversified financial institution, Citigroup's primary function is to offer retail banking, commercial banking, investment banking, and wealth management services. The company plays a significant role in sectors such as consumer banking, treasury and trade solutions, and securities services, making it a pivotal player in the financial services industry. Headquartered in New York City, Citigroup is one of the world's largest banks by assets. It operates in over 160 countries and jurisdictions, underscoring its substantial international presence. The firm's impact is further amplified through its global reach in capital markets and advisory services, helping to facilitate trade and investment on a worldwide scale. Citigroup's diversified operations and extensive global network position it as a key contributor to financial market infrastructures and economic development.
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