Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-12

Citi Trends (CTRN)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,912,312
Kenneth Seipel total, FY2025
20th
CEO pay percentile vs peers
78:1
CEO-to-median pay ratio
99.12%
Say-on-pay support, latest vote
Companies that benchmark against CTRN
3 companies name CTRN as a compensation peer

Each company listed discloses CTRN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CTRN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kenneth Seipel$788,736$0$0$0$1,120,000$0$3,576$1,912,312
Chairman and Chief Executive Officer
Heather Plutino488,3370631,0640350,000011,7421,481,143
Executive Vice President and Chief Financial Officer
Kyle Koenig295,5790361,1030175,00005,927837,609
Vice President, Stores & Real Estate

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Kenneth Seipel$1,912,312$6,056,047−4,143,735
Heather Plutino1,481,143761,138792,965+720,005
Kyle Koenig837,609354,208+483,401

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-106,652,35259,0725,69599.12%Passed
20252025-06-095,346,663562,82984290.48%Passed
20242024-06-216,526,017183,62451297.26%Passed
20232023-06-096,177,258241,8891,16496.23%Passed
20222022-06-016,348,879116,1647,67598.2%Passed
20212021-06-047,321,59480,32111,24498.91%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1099.12%a
20252025-06-0990.48%b
20242024-06-2197.26%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay") or Proposal 3 (ratification of the appointment of Deloitte & Touche LLP).”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay"), Proposal 3 (approval of an amendment to the 2021 Incentive Plan) or Proposal 4 (ratification of the appointment of Deloitte & Touche LLP).”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay"), Proposal 3 (approval of an amendment to the 2021 Incentive Plan) or Proposal 4 (ratification of the appointment of Deloitte & Touche LLP).”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)78 : 1
CEO total compensation
Median employee compensation$24,523
09

Board fee structure and ownership guideline

Annual cash retainer$84,000
Annual equity retainer$76,750
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)12,000 / 8,000 / 8,000
Stock ownership guideline$252,000
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Citi Trends2025Kenneth Seipel$788,736$0$0$1,120,000$1,912,312

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kenneth SeipelDEF 14A2026-05-010001104659-26-053458Section “Executive Compensation”. As printed: 1,912,312. Filing ↗
2Section 01, Heather PlutinoDEF 14A2026-05-010001104659-26-053458Section “Executive Compensation”. As printed: 1,481,143. Filing ↗
3Section 01, Kyle KoenigDEF 14A2026-05-010001104659-26-053458Section “Executive Compensation”. As printed: 837,609. Filing ↗
4Section 07, pay ratioDEF 14A2026-05-010001104659-26-053458Section “CEO Pay Ratio”. As printed: 78 : 1. Filing ↗
5Section 06, 2026 voteForm 8-K2026-06-120001104659-26-073472Item 5.07 · say-on-pay result. As reported: 99.12% (votes for as printed: 6,652,352). Filing ↗
6Section 06, 2025 voteForm 8-K2025-06-090001104659-25-057851Item 5.07 · say-on-pay result. As reported: 90.48% (votes for as printed: 5,346,663). Filing ↗
7Section 06, 2024 voteForm 8-K2024-06-210001104659-24-073967Item 5.07 · say-on-pay result. As reported: 97.26% (votes for as printed: 6,526,017). Filing ↗
8Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
9Citi Trends (subject), Section 10b CEO totalDEF 14A2026-05-010001104659-26-053458CEO total compensation as printed in Citi Trends's own proxy. As printed: 1,912,312. Filing ↗