Citizens Financial Group CEO Sells $12.1 Million Worth of Shares in SEC Filing
Bruce Van Saun, Chairman and CEO of Citizens Financial Group (CFG), sold approximately 168,000 shares for around $12.1 million on July 24, 2026, according to an SEC Form 4 filing. The transaction included a weighted-average sale of 129,369 shares at $72.07 per share and the gifting of 38,350 shares for charitable purposes. This represented about 13% of Van Saun’s total holdings in the company. Following this disposition, he retained approximately 1,102,000 directly held shares and an additional 17,500 indirectly held through a Spousal Lifetime Access Trust. As of July 24, his remaining stake was valued at around $80.5 million based on the closing share price. Citizens Financial Group is one of the largest regional banks in the U.S., with a market capitalization of $30.2 billion and TTM revenue of $11.5 billion. While insider selling can have various motivations, including estate planning or charitable giving, this large-scale transaction may raise questions among investors about management’s confidence in the stock.
Tickers: $CFG