---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-028777"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T03:43:39.766060+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Citi Trends board refresh: Seipel chairman, new directors, cooperation with Fund 1, expects strong Q1 sales

## Summary
- Kenneth Seipel elected Chairman of the Board; David Heath appointed Lead Independent Director, effective April 2, 2025.
- Peter Sachse and Jonathan Duskin retire from Board; Duskin to serve as consultant for six months through September 25, 2025.
- Wesley Calvert and Pamela Edwards appointed to Board effective April 2; Calvert to chair Finance Committee, Edwards Audit Committee.
- Company entered into Amended and Restated Cooperation Agreement with Fund 1 Investments, LLC, including standstill and voting commitments.
- Company expects Q1 2025 comparable store sales growth of mid-to-high single digits; strong performance.

## SEC filing metadata
- accession: 0001104659-25-028777
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/tm2510591d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-028777
- JSON: https://secwatch.observer/filing/0001104659-25-028777.json
- Plain text: https://secwatch.observer/filing/0001104659-25-028777.txt

## Key facts
- Executive change
  Peter Sachse departed as Director at Citi Trends Inc.
  - Action: retire
  - Role: Director
  source text: On March 25, 2025, Messrs. Sachse and Duskin informed the Board that they will retire from the Board, effective as of April 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- Executive change
  David Heath was appointed as Lead Independent Director at Citi Trends Inc.
  - Action: appointed
  - Role: Lead Independent Director
  source text: Effective as of April 2, 2025, the Board appointed Mr. Seipel as Chairman of the Board and Mr. Heath as Lead Independent Director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- Executive change
  Pamela Edwards was appointed as Director at Citi Trends Inc.
  - Action: appointed
  - Role: Director
  source text: On March 25, 2025, the Board appointed each of the New Directors to serve as a member of the Board, effective as of April 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- Executive change
  Kenneth Seipel was appointed as Chairman of the Board at Citi Trends Inc.
  - Action: appointed
  - Role: Chairman of the Board
  source text: Effective as of April 2, 2025, the Board appointed Mr. Seipel as Chairman of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- Executive change
  Wesley Calvert was appointed as Director at Citi Trends Inc.
  - Action: appointed
  - Role: Director
  source text: On March 25, 2025, the Board appointed each of the New Directors to serve as a member of the Board, effective as of April 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm
- Executive change
  Jonathan Duskin departed as Director at Citi Trends Inc.
  - Action: retire
  - Role: Director
  source text: On March 25, 2025, Messrs. Sachse and Duskin informed the Board that they will retire from the Board, effective as of April 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465925028777/0001104659-25-028777-index.htm

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