Form 4: Carter's Inc. Director Hali Borenstein Reports Changes in Beneficial Ownership

Director Hali Borenstein reports acquisition of common stock due to dividend payment and disposal of common stock, resulting in a new total of 12,474.1021 shares beneficially owned.

Summary

• Hali Borenstein, a director of Carter's Inc. (CRI), filed a Form 4 with the SEC.
• The report details changes in beneficial ownership of Carter's Inc. common stock.
• On June 7, 2024, Borenstein acquired 20.5737 shares of common stock due to a dividend payment under the company's director deferred compensation program.
• On June 7, 2024, Borenstein disposed of common stock.
• Following these transactions, Borenstein beneficially owns 12,474.1021 shares of Carter's Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, with neutral sentiment.

Positives

• The acquisition of shares through the dividend payment indicates a continued investment in the company by the director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The report provides transparency to shareholders regarding the transactions of a company director.

Key Dates