Form 4: Carter's Inc. Executive VP Sells Shares on March 13, 2024

Jeff Jenkins, EVP Global Marketing at Carter's Inc., sold 1,060 shares of common stock at $86 per share on March 13, 2024.

Summary

• On March 13, 2024, Jeff Jenkins, the EVP Global Marketing at Carter's Inc. (CRI), sold 1,060 shares of the company's common stock.
• The sale was executed at a price of $86 per share.
• Following the transaction, Jenkins directly owns 35,173 shares of Carter's Inc.
• Some of these shares are restricted shares subject to time-vesting or performance-based restrictions.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a negative outlook, but it's not a positive signal either. It's a routine transaction.

Industry Context

This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment.

Key Dates