Form 4: Carter's Inc. Director Hali Borenstein Reports Acquisition of Shares Through Dividend

Director Hali Borenstein acquired 25.1225 shares of Carter's Inc. common stock due to a dividend payment under the company's director deferred compensation program.

Summary

• Hali Borenstein, a director at Carter's Inc., acquired 25.1225 shares of common stock on December 6, 2024.
• The shares were acquired as a result of a dividend payment related to the company's director deferred compensation program.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. It indicates that the company's compensation programs are functioning as expected.

Positives

• The acquisition of shares by a director through a dividend payment indicates alignment of interests with shareholders.
• The director deferred compensation program is functioning as intended.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation programs involving stock dividends are common practice among publicly traded companies.
• The specific details of the deferred compensation program would need to be compared to similar programs at peer companies to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Form 4, Director, Dividend, Share Acquisition, Deferred Compensation, Carter's Inc., CRI, Beneficial Ownership