Sieg Andrew M. 4

What Happened Andrew M. Sieg, Head of Wealth at Citigroup Inc. (C), had 21,901.21 shares of Citigroup common stock withheld to satisfy tax withholding obligations tied to the vesting of previously awarded shares. The shares were valued at $109.85 each, for a total transaction amount of $2,405,848. This is a tax-withholding disposition (not an open-market sale) and is generally a routine administrative action following equity vesting.

Key Details

• Transaction date: 2026-03-20; Filing date: 2026-03-24 (filed within the normal 2-business-day window).
• Shares withheld/disposed: 21,901.21 at $109.85 per share; total value reported $2,405,848.
• Transaction code: F — withholding of shares to satisfy tax liabilities on vesting (Footnote F1 confirms this).
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• This was a cashless tax withholding related to vesting of previously awarded stock, not an open-market sale or a purchase—so it typically does not signal a change in insider sentiment.
• For retail investors, such withholdings are routine and used to cover tax obligations; they do not indicate additional investment or divestment decisions by the insider.