{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-170524","form_type":"8-K","ticker":"CFG","cik":"0000759944","company_name":"CITIZENS FINANCIAL GROUP INC/RI","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.294166+00:00","generated_at":"2026-05-17T22:34:46.103998+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Citizens Financial issues 16M depositary shares of 6.5% Series I Preferred Stock","bullets":["Offering of 16,000,000 depositary shares (each 1/40th interest in a share of 6.500% Series I Preferred Stock, liquidation preference $1,000/share).","Underwriters: Morgan Stanley, BofA, JPMorgan, UBS, Wells Fargo, Citizens JMP.","Certificate of Designations filed; dividend restrictions on common and junior stock if Series I dividends not paid.","Offering closed July 31, 2025; aggregate liquidation preference approximately $400 million."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-170524","json":"https://secwatch.observer/filing/0001193125-25-170524.json","markdown":"https://secwatch.observer/filing/0001193125-25-170524.md","text":"https://secwatch.observer/filing/0001193125-25-170524.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/759944/000119312525170524/0001193125-25-170524-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/759944/000119312525170524/d870391d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:34:46.103998+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":"fc2673dd27ddcaea5381fc0e05d523c340e69fc0","claim":"CITIZENS FINANCIAL GROUP INC/RI: Filed a Certificate of Designations to establish the preferences, limitations and relative rights of Series I Preferred Stock (effective 2025-07-25).","evidence_excerpt":"On July 25, 2025, the Registrant filed a Certificate of Designations (the “Certificate of Designations”) with the Secretary of State of the State of Delaware to establish the preferences, limitations and relative rights of the Series I Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/759944/000119312525170524/0001193125-25-170524-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-07-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}