Form 4: Carter's Inc. Director Rochester Anderson Jr. Reports Acquisition and Disposal of Common Stock

Director Rochester Anderson Jr. reports acquiring shares as part of director compensation and disposing of shares, leaving him with 8,628 shares of Carter's Inc.

Summary

• On May 16, 2024, Rochester Anderson Jr., a director of Carter's Inc. (CRI), reported a transaction involving the company's common stock.
• Anderson acquired 2,293 shares as part of his director compensation at a price of $0.
• Following the reported transaction, Anderson beneficially owns 8,628 shares of Carter's Inc.
• 1,975 of these shares are restricted shares subject to time-vesting restrictions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Positives

• The acquisition of shares as part of director compensation aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders can monitor insider transactions to assess management's confidence in the company.

Key Dates