Form 4: Carter's Inc. Executive Raghunandan R. Sagi Reports Stock Transaction
SEC Form 4 Filing
EVP, CITO of Carter's Inc., Raghunandan R. Sagi, reports disposition of shares to cover tax obligations from vesting restricted stock.
Summary
- On May 10, 2025, Raghunandan R. Sagi, EVP, CITO of Carter's Inc., reported a transaction involving the disposition of 1,621 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations resulting from the vesting of restricted stock.
- Following the transaction, Sagi directly owns 28,223 shares of Carter's Inc. common stock, some of which are restricted shares subject to time-vesting restrictions.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions for tax purposes.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock as part of their compensation. It provides transparency into insider transactions and helps maintain market integrity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/10/2025 | Date of stock transaction (disposal of shares). |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, Carter's Inc, CRI, Raghunandan Sagi, restricted stock, tax withholding
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