Form 4: Carter's Inc. Director Mark Hipp Sells 1,875 Shares
SEC Form 4 Filing
Director Mark Hipp sold 1,875 shares of Carter's Inc. common stock at a price of $81.7391 per share on March 6, 2024.
Summary
- On March 6, 2024, Mark Hipp, a director of Carter's Inc., sold 1,875 shares of common stock.
- The sale price was $81.7391 per share.
- Following the transaction, Mark Hipp directly owns 10,216 shares of Carter's Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by investors to gauge sentiment of company directors and officers.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Mark Hipp sold 1,875 shares of Carter's Inc. common stock. |
| 03/22/2024 | Date of signature by Attorney-in-Fact Derek Swanson. |
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