Form 4: Carter's Inc. Executive VP Smith Reports Stock Transaction
SEC Form 4 Filing
Karen Marie Smith, EVP of Supply Chain at Carter's Inc., reports a transaction involving the withholding of common stock to cover tax obligations from vesting restricted stock.
Summary
- On August 12, 2024, Karen Marie Smith, EVP of Supply Chain at Carter's Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 1,134 shares of common stock at a price of $62.09 to satisfy tax withholding obligations resulting from the vesting of restricted stock.
- Following the transaction, Smith beneficially owns 25,957 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 transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders, providing investors with insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 08/13/2024 | Date of signature for the Form 4 filing. |
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