Form 4: Carter's Inc. Executive Kendra Krugman Reports Stock Transaction
SEC Form 4 Filing
Kendra Krugman, SEVP, Chief Creative & Growth Officer of Carter's Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 28, 2025, Kendra Krugman, SEVP, Chief Creative & Growth Officer of Carter's Inc. (CRI), had 1,024 shares of common stock withheld to cover tax obligations resulting from the vesting of restricted stock.
- The price per share for the transaction was $41.27.
- Following the transaction, Krugman beneficially owns 87,833 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 routine filing related to tax obligations on vested stock, and doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (tax withholding). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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