---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-129521"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2021-10-25T23:59:59+00:00"
generated_at: "2026-06-28T18:22:26.356268+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Citi Trends appoints two new independent directors to board

## Summary
- Cara Sabin (CEO of Sundial Brands) and Christina Francis (President of Magic Johnson Enterprises) elected to board effective Oct 31, 2021.
- Board expanded to 9 members; 7 independent directors plus Executive Chairman Peter Sachse and CEO David Makuen.
- Each new director granted 583 shares of restricted stock, vesting on first anniversary of grant.
- Both will serve on audit, compensation, nominating & governance, and corporate social responsibility committees.
- Appointments increase diversity: 3 of 7 independent directors are African American females.

## SEC filing metadata
- accession: 0001104659-21-129521
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2021-10-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465921129521/0001104659-21-129521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465921129521/tm2130899d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-129521
- JSON: https://secwatch.observer/filing/0001104659-21-129521.json
- Plain text: https://secwatch.observer/filing/0001104659-21-129521.txt

## Key facts
- Executive change
  Christina M. Francis was elected as Director at Citi Trends Inc.
  - Action: elected
  - Role: Director
  source text: On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465921129521/0001104659-21-129521-index.htm
- Executive change
  Cara Sabin was elected as Director at Citi Trends Inc.
  - Action: elected
  - Role: Director
  source text: On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465921129521/0001104659-21-129521-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
