--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-050368" form_type: "8-K" ticker: "C" cik: "0000831001" company_name: "CITIGROUP INC" filed_at: "2023-04-26T23:59:59+00:00" generated_at: "2026-06-16T14:40:26.251093+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Citigroup stockholders approve 28M share increase to 2019 Stock Incentive Plan; all director nominees elected ## Summary - Stockholders approved an amendment to the 2019 Stock Incentive Plan, increasing shares available by 28 million. - All 13 director nominees were elected with strong support; Jane Fraser received over 1.28B votes for. - Ratification of KPMG as independent auditor for 2023 approved (1.44B for, 75M against). - Advisory vote to approve 2022 executive compensation passed (1.20B for, 94.8M against). - Shareholder proposals on fossil fuel phase-out, independent chairman, and termination pay ratification all defeated. ## SEC filing metadata - accession: 0001104659-23-050368 - form_type: 8-K - ticker: C - cik: 0000831001 - company_name: CITIGROUP INC - filed_at: 2023-04-26T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/c-20230425x8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-050368 - JSON: https://secwatch.observer/filing/0001104659-23-050368.json - Plain text: https://secwatch.observer/filing/0001104659-23-050368.txt ## Key facts - Shareholder Votes CITIGROUP INC shareholders rejected Stockholder proposal requesting an Independent Board Chairman at the 2023-04-25 meeting. - Outcome: failed - Meeting: 2023-04-25 source text: ​ (7) Stockholder proposal requesting an Independent Board Chairman 235,047,567 ​ 1,057,240,751 5,093,560 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders rejected Stockholder proposal requesting shareholders ratify the termination pay of any senior manager at the 2023-04-25 meeting. - Proposal: auditor ratification - Outcome: failed - Meeting: 2023-04-25 source text: ​ (6) Stockholder proposal requesting shareholders ratify the termination pay of any senior manager 360,123,548 ​ 932,043,736 5,214,594 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders approved Advisory approval of the Frequency of Future Advisory Votes on Executive Compensation at the 2023-04-25 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-04-25 source text: ​ (5) Advisory approval of the Frequency of Future Advisory Votes on Executive Compensation 1 Year 1,271,244,539 2 Years 1,954,480 3 Years 21,096,640 3,086,220 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders approved Advisory vote to approve our 2022 Executive Compensation at the 2023-04-25 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-04-25 source text: ​ (3) Advisory vote to approve our 2022 Executive Compensation 1,197,425,378 ​ 94,840,972 5,115,528 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders approved Election of Directors at the 2023-04-25 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-04-25 source text: ​ (1) Election of Directors ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nominees ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ellen M. Costello 1,270,054,074 ​ 24,206,938 3,120,866 220,401,106 Grace E. Dailey 1,270,772,001 ​ 23,494,034 3,115,843 220,401,106 Barbara J. Desoer 1,272,702,772 ​ 21,567,762 3,111,344 220,401,106 John C. Dugan 1,227,350,606 ​ 66,820,084 3,211,188 220,401,106 Jane N. Fraser 1,282,145,198 ​ 12,505,560 2,731,120 220,401,106 Duncan P. Hennes 1,258,754,509 ​ 35,380,965 3,246,404 220,401,106 Peter B. Henry 1,249,042,087 ​ 45,021,050 3,318,741 220,401,106 S. Leslie Ireland 1,280,087,614 ​ 14,029,301 3,264,963 220,401,106 Renée J. James 1,250,959,655 ​ 43,274,699 3,147,525 220,401,106 Gary M. Reiner 1,248,005,534 ​ 45,983,301 3,393,044 220,401,106 Diana L. Taylor 1,225,784,494 ​ 68,527,206 3,070,178 220,401,106 James S. Turley 1,224,234,197 ​ 70,136,473 3,011,208 220,401,106 Casper W. von Koskull 1,272,750,209 ​ 21,349,933 3,281,737 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders approved Ratification of KPMG as Citi’s Independent Registered Public Accountants for 2023 at the 2023-04-25 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-04-25 source text: ​ (2) Ratification of KPMG as Citi’s Independent Registered Public Accountants for 2023 1,437,706,985 ​ 75,222,948 4,853,051 N/A evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders rejected Stockholder proposal requesting that the Board adopt a policy to phase out new fossil fuel financing at the 2023-04-25 meeting. - Outcome: failed - Meeting: 2023-04-25 source text: ​ (9) Stockholder proposal requesting that the Board adopt a policy to end new fossil fuel financing 128,925,888 ​ 1,143,202,510 25,253,480 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders approved Proposal to approve additional shares for the Citigroup 2019 Stock Incentive Plan at the 2023-04-25 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-04-25 source text: ​ (4) Proposal to approve additional shares for the Citigroup 2019 Stock Incentive Plan 1,206,196,340 ​ 87,254,508 3,931,031 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm - Shareholder Votes CITIGROUP INC shareholders rejected Stockholder proposal requesting a report on the effectiveness of Citi's policies and practices in respecting Indigenous Peoples' rights in Citi's existing and proposed financing at the 2023-04-25 meeting. - Outcome: failed - Meeting: 2023-04-25 source text: ​ (8) Stockholder proposal requesting a report on the effectiveness of Citi's policies and practices in respecting Indigenous Peoples' rights in Citi's existing and proposed financing 402,974,154 ​ 878,173,432 16,234,292 220,401,106 evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923050368/0001104659-23-050368-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.