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Form 8-K · Current Report · Filed 2025-10-22

Citigroup Awards CEO Jane Fraser $25 Million Equity Package

On October 22, 2025, Citigroup Inc.'s Board of Directors awarded its CEO, Jane Fraser, a one-time equity award valued at $25 million, consisting of Restricted Stock Units (RSUs) and 1.055 million Citigroup stock options.

Filer
Citigroup Inc. C · NYSE
Filed
Accession
0001104659-25-101579
CIK
0000831001
Signal
High impactFinancial Services

Details

The award, unanimously approved by the Compensation Committee and the Board, reflects the company's recognition of Ms. Fraser's leadership and the company's recent strategic accomplishments.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CEO Resignation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$98.25

Next session

-1.6%

Since filing

+34.8%

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:

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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