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Citigroup Global Markets Holdings has issued $4.99 million in Autocallable Phoenix Securities linked to ASML Holding N.V. shares, due July 9, 2026. The securities, guaranteed by Citigroup Inc., offer potential contingent coupon payments at a 3.60% annualized rate.
Key features include:
- Initial share price: $756.53 with coupon and final barrier price at $491.745 (65% of initial)
- Automatic early redemption if ASML shares close above initial price on interim valuation dates
- Contingent coupon payments only if share price stays above barrier price
- Risk of significant principal loss if final share price falls below barrier price
The estimated value of $985.50 per security is below the $1,000 issue price. Citigroup Global Markets Inc. receives a $10.00 underwriting fee per security. The securities are not listed on any exchange and carry credit risk of both issuers.
Citigroup Global Markets is offering $15,818,600 in Trigger Autocallable Notes linked to the S&P 500 Index, due June 25, 2027. The notes feature:
- Automatic Call Feature: Notes will be automatically called if the S&P 500 closes at or above the initial level (6,025.17) on any quarterly valuation date after 6 months
- Call Return Rate: 10.13% per annum if called
- Downside Protection: Principal protected if final index level is above downside threshold (4,820.14, 80% of initial level)
- Risk Features: Full exposure to index losses below threshold; potential for 100% loss
The notes are priced at $10.00 per note with an estimated value of $9.798. They are unsecured obligations of Citigroup Global Markets Holdings, guaranteed by Citigroup Inc. UBS Financial Services is acting as selling agent with a $0.15 per note underwriting discount. The offering highlights significant risks including credit risk, market risk, and limited liquidity as notes won't be listed on any exchange.
Citigroup Global Markets Holdings has issued Autocallable Securities linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, due June 24, 2033. Key features include:
- $1,000 stated principal amount per security
- No regular interest payments
- Potential for automatic early redemption if the underlying index closes at or above initial value (496.186)
- Premium payments ranging from 19% to 123.50% based on redemption date
- Risk of principal loss if final index value falls below barrier value of 248.093 (50% of initial value)
Important risks: The underlying index involves highly leveraged exposure to S&P 500 Futures with a 6% annual decrement fee. The estimated value ($894.00) is significantly below the issue price ($1,000). Securities lack liquidity and are subject to Citigroup's credit risk. CGMI receives up to $43.00 underwriting fee per security.
Citigroup Global Markets Holdings has issued $6.741 million in Autocallable Phoenix Securities linked to NVIDIA Corporation stock, due July 9, 2026. These structured notes offer 4.3375% contingent coupon payments with potential for early redemption.
Key features include:
- Initial NVIDIA share price: $143.85
- Coupon barrier and final barrier price: $107.888 (75% of initial price)
- Buffer amount: 25% downside protection
- Automatic early redemption if NVIDIA shares close above initial price on valuation dates
Notable risks: Investors may lose significant principal if NVIDIA shares fall below barrier price, no participation in stock upside, and credit risk exposure to Citigroup. The estimated value ($988.10) is less than the issue price, with $10.00 per security underwriting fee. Securities are not listed and may have limited liquidity.
Citigroup Global Markets Holdings has issued Autocallable Contingent Coupon Equity Linked Securities tied to Monolithic Power Systems, with a maturity date of June 24, 2027. The securities, priced at $1,000 per unit with total proceeds of $510,000, offer potential periodic contingent coupon payments at 14.20% per annum.
Key features include:
- Contingent coupon payments of 3.55% per period if underlying stock closes at or above barrier value of $342.95
- Automatic early redemption if stock closes at or above initial value of $685.90 on any autocall date
- Downside risk exposure if final value falls below 50% of initial value
- Full principal protection if final stock price stays above barrier value
Notable risks include potential loss of principal, no guaranteed coupon payments, and credit risk of Citigroup. The estimated value of $975.10 per security is below the issue price, reflecting embedded costs and profit margins. Securities are not listed on any exchange, limiting liquidity.
Citigroup Global Markets Holdings has issued $1.221 million in Autocallable Phoenix Securities linked to NVIDIA (NVDA) stock, due June 25, 2029. These structured notes offer contingent coupon payments of 3.195% with key features:
- Initial NVDA share price: $143.85
- Coupon barrier & final barrier price: $86.31 (60% of initial price)
- Automatic early redemption if NVDA closes at or above initial price on any interim valuation date
- Contingent coupon payments only if NVDA trades above barrier price
- Risk of principal loss if NVDA falls below 60% barrier at maturity
The securities are priced at $1,000 per unit with estimated value of $971.30. Key risks include potential loss of principal, no participation in NVDA upside, limited liquidity, and credit risk of Citigroup. CGMI receives $25 underwriting fee per security, with J.P. Morgan acting as placement agent.
Citigroup Global Markets Holdings has filed a pricing supplement for Autocallable Contingent Coupon Equity Linked Securities tied to the performance of Constellation Energy Corporation and GE Vernova Inc., due June 30, 2028. Key features include:
- Securities offer potential periodic contingent coupon payments at an annualized rate of at least 16.65%, subject to the performance of the worst-performing underlying stock
- Principal amount of $1,000 per security with estimated value of at least $889.00
- Automatic early redemption feature triggers if worst-performing underlying exceeds its initial value on any autocall date
- Downside risk: If worst-performing underlying falls below 60% barrier at maturity, investors face direct exposure to losses
- Securities are unsecured obligations of Citigroup Global Markets Holdings, guaranteed by Citigroup
Notable risks include potential loss of principal, no guaranteed coupon payments, limited liquidity, and credit risk of the issuer. The offering highlights Citigroup's strategy to provide structured investment products with enhanced yield potential in exchange for defined risks.
Citigroup Global Markets Holdings has issued Callable Contingent Coupon Equity Linked Securities due May 25, 2027, linked to the worst-performing of Nasdaq-100 Index, SPDR S&P Regional Banking ETF, and VanEck Gold Miners ETF. The total offering amount is $3,560,000.
Key features include:
- Potential for 15.75% annual contingent coupon payments if the worst-performing underlying is above its barrier value
- Principal at risk with 40% downside exposure to worst-performing underlying if below final barrier
- Callable by issuer on specified dates starting December 22, 2025
- Initial coupon barrier set at 70% of initial values
- Final barrier set at 60% of initial values
The estimated value of the securities ($972.60) is less than the issue price ($1,000). All payments are subject to credit risk of Citigroup Global Markets Holdings and Citigroup Inc. The securities will not be listed on any exchange, potentially limiting liquidity.