Form 4: Carter's Inc. Director Hali Borenstein Reports Stock Acquisition via Dividend

Director Hali Borenstein acquired shares of Carter's Inc. common stock through a dividend payment, according to a recent SEC filing.

Summary

• Hali Borenstein, a director of Carter's Inc. (CRI), filed a Form 4 with the SEC.
• The filing reports a transaction on September 13, 2024, where Borenstein acquired 19.8594 shares of common stock due to a dividend payment.
• The acquisition price is listed as $0.
• Following the transaction, Borenstein beneficially owns 12,493.9615 shares of Carter's Inc. common stock.
• The shares were credited to Borenstein under the company's director deferred compensation program.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a routine transaction related to director compensation, indicating a stable and well-managed company.

Positives

• The acquisition of shares through a dividend payment reflects the company's commitment to its director deferred compensation program.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency into the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.

Key Dates