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Citigroup said on April 29, 2025 that its stockholders, upon the recommendation of its Board, approved an amendment to the Citigroup 2019 Stock Incentive Plan, which was first approved by stockholders in 2019. The company said the amendment increases the number of shares authorized for grant under the Plan by 30 million.

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

Key points

AI summary
  1. Citigroup said on April 29, 2025 that its stockholders, upon the recommendation of its Board, approved an amendment to the Citigroup 2019 Stock Incentive Plan, which was first approved by stockholders in 2019. The company said the amendment increases the number of shares authorized for grant under the Plan by 30 million.

  2. The company said that at its 2025 Annual Meeting of Stockholders, held on April 29, 2025, 12 directors were elected. It added that stockholders approved the selection of KPMG LLP as the company's independent registered public accounting firm for 2025.

  3. Citigroup disclosed that votes were tallied on the proposal to approve additional shares for the Citigroup 2019 Stock Incentive Plan, with 994,347,749 votes for, 386,225,386 against, 2,141,740 abstentions and 193,116,591 broker non-votes.

  4. Citigroup said a stockholder proposal requesting a shareholder vote on excessive golden parachutes was not approved, with 438,183,762 votes for and 937,797,737 against.

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 Adds 30 million Shares to 2019 Stock Incentive Plan

Citigroup said on April 29, 2025 that its stockholders, upon the recommendation of its Board, approved an amendment to the Citigroup 2019 Stock Incentive Plan, which was first approved by stockholders in 2019. The company said the amendment increases the number of shares authorized for grant under the Plan by 30 million.

Source · Based on the filing body and exhibits

Stockholders Elect 12 Directors, Approve KPMG LLP

The company said that at its 2025 Annual Meeting of Stockholders, held on April 29, 2025, 12 directors were elected. It added that stockholders approved the selection of KPMG LLP as the company's independent registered public accounting firm for 2025.

Source · Based on the filing body and exhibits

Stock Incentive Plan Share Proposal Vote Results

Citigroup disclosed that votes were tallied on the proposal to approve additional shares for the Citigroup 2019 Stock Incentive Plan, with 994,347,749 votes for, 386,225,386 against, 2,141,740 abstentions and 193,116,591 broker non-votes.

Source · Based on the filing body and exhibits

Golden Parachute Stockholder Proposal Not Approved

Citigroup said a stockholder proposal requesting a shareholder vote on excessive golden parachutes was not approved, with 438,183,762 votes for and 937,797,737 against.

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.