Form 4: Carter's Inc. Executive Jeff Jenkins Reports Stock Transaction
SEC Form 4 Filing
EVP of Global Marketing at Carter's Inc., Jeff Jenkins, reports disposition of shares to cover tax obligations from vesting restricted stock.
Summary
- On February 10, 2025, Jeff Jenkins, EVP of Global Marketing at Carter's Inc., reported a transaction involving the disposition of 735 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock.
- The price per share was $52.21.
- Following the transaction, Jenkins beneficially owns 34,438 shares of Carter's Inc. common stock, some of which are restricted shares subject to time-vesting or performance-based restrictions.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that restricted stock held by an executive is vesting, which is a common form of compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposition of shares). |
| 02/12/2025 | Date of signature by Attorney-in-Fact. |
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