Form 4: Carter's Inc. Executive Acquires and Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Antonio Robinson, SVP, GC, Secy, CSR, & CCO of Carter's Inc., reports acquiring restricted shares and disposing of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 26, 2025, Antonio Robinson acquired 13,000 shares of Carter's Inc. common stock, with the shares being restricted and vesting in equal annual installments over four years.
- Following this transaction, Robinson directly owns 34,226 shares.
- On February 27, 2025, Robinson disposed of 415 shares at $42.15 per share to satisfy tax withholding obligations from vesting restricted stock.
- After this disposal, Robinson directly owns 33,811 shares.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving restricted stock and tax obligation management.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Acquisition of 13,000 restricted shares of common stock. |
| 02/27/2025 | Disposal of 415 shares of common stock to cover tax obligations. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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