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Citigroup said on April 30, 2024 that its stockholders approved amendments to and the restatement of the Citigroup 2019 Stock Incentive Plan. The amendments extend the plan's term by 5 years and add 30 million to the shares available for grant.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Citigroup said on April 30, 2024 that its stockholders approved amendments to and the restatement of the Citigroup 2019 Stock Incentive Plan. The amendments extend the plan's term by 5 years and add 30 million to the shares available for grant.

  2. Citigroup said the vote on the 2019 Stock Incentive Plan's additional shares, term extension and restatement drew 973,996,443 votes for, 393,154,771 against, 2,712,987 abstentions and 206,407,982 broker non-votes.

  3. The company said 13 directors were elected at its annual meeting on April 30, 2024. Jane N. Fraser received 1,356,174,293 votes for, 11,734,157 against and 1,955,751 abstentions.

  4. Citigroup said its advisory vote on executive compensation for 2023 was approved, with 1,274,061,608 votes for and 92,445,862 against. The vote to appoint KPMG LLP as the independent registered public accounting firm for 2024 also received 1,493,629,470 votes for.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Citigroup 2019 Stock Incentive Plan Amendments and Restatement Approved

Citigroup said on April 30, 2024 that its stockholders approved amendments to and the restatement of the Citigroup 2019 Stock Incentive Plan. The amendments extend the plan's term by 5 years and add 30 million to the shares available for grant.

Source · Based on the filing body and exhibits

Voting Results on 2019 Plan Amendments

Citigroup said the vote on the 2019 Stock Incentive Plan's additional shares, term extension and restatement drew 973,996,443 votes for, 393,154,771 against, 2,712,987 abstentions and 206,407,982 broker non-votes.

Source · Based on the filing body and exhibits

Election of 13 Directors and Votes on Select Directors

The company said 13 directors were elected at its annual meeting on April 30, 2024. Jane N. Fraser received 1,356,174,293 votes for, 11,734,157 against and 1,955,751 abstentions.

Source · Based on the filing body and exhibits

2023 Executive Compensation Advisory Vote and KPMG Appointment Approved

Citigroup said its advisory vote on executive compensation for 2023 was approved, with 1,274,061,608 votes for and 92,445,862 against. The vote to appoint KPMG LLP as the independent registered public accounting firm for 2024 also received 1,493,629,470 votes for.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.