{"schema_version":"secwatch.filing_event.v1","accession":"0000759944-24-000117","form_type":"8-K","ticker":"CFG","cik":"0000759944","company_name":"CITIZENS FINANCIAL GROUP INC/RI","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.916738+00:00","generated_at":"2026-06-01T04:29:09.076320+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Citizens Financial Group names Don McCree Senior Vice Chair and grants retention awards to two executives","bullets":["Don McCree appointed Senior Vice Chair effective June 13, 2024, recognizing his performance leading Commercial Banking since 2015.","Brendan Coughlin (Vice Chair, Consumer Banking) awarded $6M PSUs, $4M RSUs, and $2M restricted cash as part of leadership succession plan.","John Woods (Vice Chair, CFO) awarded $3.5M PSUs, $2.5M RSUs, and $1M restricted cash; both executives' stock ownership requirement increased to 6x salary.","Awards vest on third anniversary; PSU payout depends on average ROTCE and cumulative Diluted EPS performance from 2024-2026, with max 150% of target."],"urls":{"canonical":"https://secwatch.observer/filing/0000759944-24-000117","json":"https://secwatch.observer/filing/0000759944-24-000117.json","markdown":"https://secwatch.observer/filing/0000759944-24-000117.md","text":"https://secwatch.observer/filing/0000759944-24-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000117/0000759944-24-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000117/cfg-20240613.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:29:09.076320+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af9cc8c272","claim":"Don McCree was named as Senior Vice Chair at CITIZENS FINANCIAL GROUP INC/RI.","evidence_excerpt":"On June 13, 2024, the Board named Don McCree, Vice Chair and Head of Commercial Banking, as Senior Vice Chair.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000117/0000759944-24-000117-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"named"},{"label":"Role","value":"Senior Vice Chair"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}