Form 4: Carter's Inc. Executive VP, Global Marketing, Reports Stock Transaction
SEC Form 4 Filing
Jeff Jenkins, EVP, Global Marketing at Carter's Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 28, 2025, Jeff Jenkins, EVP, Global Marketing at Carter's Inc., had shares of common stock withheld to satisfy tax obligations resulting from the vesting of restricted stock.
- A total of 444 shares were withheld at a price of $41.27 per share.
- Following the transaction, Jenkins beneficially owns 42,636 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: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of executives and directors, which can provide insights into their perspectives on the company's performance and future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (withholding of shares) |
| 03/04/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.