Form 4: Carter's CFO Gifts 300 Shares to Notre Dame

Richard F. Westenberger, CFO and COO of Carter's Inc., gifted 300 shares of common stock to the University of Notre Dame in a pre-planned transaction.

Summary

• Richard F. Westenberger, CFO & COO of CARTERS INC (CRI), reported a gift of company common stock.
• On November 13, 2025, Westenberger disposed of 300 shares of Common Stock.
• The transaction was a bona fide gift to the University of Notre Dame, with a price of $0 per share.
• Following this transaction, Westenberger beneficially owns 147,025 shares of CARTERS INC common stock, some of which are restricted.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-planned.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of a personal transaction by an executive and has no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

No future outlook or guidance is provided in this Form 4 filing, as it pertains to a personal insider transaction.

Industry Context

This filing details a personal financial transaction by a company executive and does not provide specific insights into broader industry trends or competitive landscape for Carter's Inc.

Stakeholder Impact

• Shareholders: Minimal impact, as the transaction is a small personal gift by an executive and does not affect company operations or strategy.

Key Dates

Keywords

Carter's Inc., CRI, Richard F. Westenberger, CFO, COO, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Rule 10b5-1