Form 4: Carter's Inc. Director, Jeffrey Harry Black, Reports Acquisition of Shares as Part of Director Compensation

Director Jeffrey Harry Black reports acquiring 2,293 shares of Carter's Inc. common stock as part of director compensation on May 16, 2024.

Summary

• On May 16, 2024, Jeffrey Harry Black, a director of Carter's Inc., acquired 2,293 shares of common stock.
• These shares were granted as part of the reporting person's director compensation.
• Following the transaction, Black beneficially owns 8,628 shares of Carter's Inc. common stock.
• 1,975 of these shares are restricted shares subject to time-vesting restrictions.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Director compensation in the form of stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants as part of director compensation are a standard practice across various industries.
• Companies like Nike, Adidas, and Gap also utilize stock grants as part of their director compensation packages.
• The amount of stock granted varies depending on the company's size, performance, and industry benchmarks.

Stakeholder Impact

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

Key Dates