Form 4: Carter's Inc. Executive Kendra Krugman Reports Stock Transaction
SEC Form 4 Filing
EVP Kendra Krugman reports disposition of 606 shares of Carter's Inc. stock to cover tax obligations from vesting restricted stock.
Summary
- On February 27, 2024, Kendra Krugman, EVP, Retail & Chief Merchandising Officer of Carter's Inc. (CRI), disposed of 606 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $80.55 per share.
- Following the transaction, Krugman directly owns 54,368 shares of Carter's Inc.
- Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a routine transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock transaction (disposal of shares). |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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