Form 4: Carter's Inc. Director Hali Borenstein Reports Dividend Share Acquisition
SEC Form 4 Filing
Director Hali Borenstein reports acquisition of Carter's Inc. common stock due to a dividend payment under the director deferred compensation program.
Summary
- On March 29, 2024, Hali Borenstein, a director of Carter's Inc. (CRI), acquired 15.8776 shares of common stock.
- The acquisition was a result of a dividend payment related to the company's director deferred compensation program.
- The price per share was $0.
- Following the transaction, Borenstein directly owns 10,160.5284 shares of Carter's Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation.
Positives
- The director's participation in the dividend program reflects confidence in the company's performance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily indicate a significant trend in the apparel retail industry.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: acquisition of common stock due to dividend payment |
| 04/01/2024 | Date of signature for the report |
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