Form 4: Carter's Inc. Director Stahl Receives Stock Grant as Part of Compensation
SEC Form 4 Filing
Director Stephanie Stahl acquired 2,293 shares of Carter's Inc. common stock as part of her director compensation on May 16, 2024.
Summary
- On May 16, 2024, Stephanie Stahl, a director of Carter's Inc., acquired 2,293 shares of common stock.
- These shares were granted as part of her director compensation.
- Following the transaction, Stahl 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: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a standard director compensation practice, indicating alignment of interests with shareholders.
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 standards.
Stakeholder Impact
- The stock grant to a director aligns the director's interests with those of the shareholders.
- This can potentially lead to better decision-making and increased shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Stephanie Stahl acquired 2,293 shares of Carter's Inc. common stock. |
| 05/20/2024 | Date of signature by Attorney-in-Fact. |
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