Form 4: Carter's Inc. Executive Karen Marie Smith Reports Stock Transaction
SEC Form 4 Filing
EVP of Supply Chain at Carter's Inc., Karen Marie Smith, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 28, 2025, Karen Marie Smith, EVP of Supply Chain at Carter's Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 447 shares to satisfy tax obligations resulting from the vesting of restricted stock at a price of $41.27.
- Following the transaction, Smith beneficially owns 42,557 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: Neutral sentiment as the document reports a standard transaction related to 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 a standard process of tax obligation fulfillment related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (withholding of shares for tax obligations). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, restricted stock, tax withholding, Carter's Inc, CRI, Karen Marie Smith, EVP Supply Chain
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