---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-057737"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:44:21.741750+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Citi Trends terminates stockholder rights agreement and eliminates Series A Preferred Stock

## Summary
- Board accelerated expiration of Rights to 5:00 PM ET on May 7, 2024; all Rights expired.
- Certificate of Elimination filed with Delaware Secretary of State for Series A Junior Participating Preferred Stock.
- Shares previously designated Series A Preferred returned to authorized but undesignated preferred stock.
- Board determined that the Rights Agreement is no longer needed to protect stockholder value.

## SEC filing metadata
- accession: 0001104659-24-057737
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465924057737/0001104659-24-057737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465924057737/tm2413614d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-057737
- JSON: https://secwatch.observer/filing/0001104659-24-057737.json
- Plain text: https://secwatch.observer/filing/0001104659-24-057737.txt

## Key facts
- Governance Changes
  Citi Trends Inc: Filed a Certificate of Elimination to eliminate all provisions of the Certificate of Designation for Series A Junior Participating Preferred Stock, returning those shares to authorized but undesignated preferred stock (effective 2024-05-07).
  - Change: charter amendment
  - Effective: 2024-05-07
  source text: On May 7, 2024, the Company filed a Certificate of Elimination (the “ Certificate of Elimination ”) with the Secretary of State of the State of Delaware eliminating all provisions of the Certificate of Designation previously filed by the Company with the Delaware Secretary of State on December 6, 2023 related to the series of preferred stock designated as Series A Junior Participating Preferred Stock (the “ Series A Preferred Stock ”) established pursuant to the Rights Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465924057737/0001104659-24-057737-index.htm
- Material Agreements
  Citi Trends Inc terminated Stockholder Protection Rights Agreement with Equiniti Trust Company, LLC (effective 2024-05-07).
  - Action: termination
  - Counterparty: Equiniti Trust Company, LLC
  - Effective: 2024-05-07
  source text: The Amendment terminated the Rights Agreement by accelerating the expiration time of the Company's preferred share purchase rights
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465924057737/0001104659-24-057737-index.htm

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