Form 4: Carter's Inc. Executive Receives and Disposes of Shares
SEC Filing
EVP, CITO of Carter's Inc., Raghunandan R Sagi, reports acquisition and disposal of common stock on February 26, 2025.
Summary
- On February 26, 2025, Raghunandan R Sagi, EVP, CITO of Carter's Inc., reported transactions involving the company's common stock.
- Sagi acquired 15,360 shares of common stock.
- These shares were acquired at a price of $0.
- Sagi also disposed of 29,844 restricted shares that are subject to time-vesting restrictions.
- Following these transactions, Sagi beneficially owns 29,844 shares of Carter's Inc.
- The reporting was filed on February 28, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: acquisition and disposal of shares. |
| 02/28/2025 | Date of filing the Form 4. |
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