Form 4: Carter's Inc. Executive VP Jenkins Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Global Marketing at Carter's Inc., Jeff Jenkins, reports a transaction involving common stock to cover tax obligations from vesting restricted stock.
Summary
- On February 27, 2024, Jeff Jenkins, Executive VP of Global Marketing at Carter's Inc., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 606 shares to satisfy tax obligations resulting from the vesting of restricted stock.
- The price per share was $80.55.
- Following the transaction, Jenkins beneficially owns 28,297 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 regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a standard transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 02/28/2024 | Date of signature by Attorney-in-Fact. |
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