Form 4: Carters Inc. Executive Forfeits Shares Due to Unattained Performance Metrics
SEC Form 4 Filing
Antonio Robinson, SVP, GC, Secy, CSR, & CCO of Carters Inc., forfeited 2,472 shares of common stock due to the non-achievement of performance metrics related to awards granted in 2022.
Summary
- On February 25, 2025, Antonio Robinson, a Senior Vice President at Carters Inc., forfeited 2,472 shares of common stock.
- This forfeiture was due to the non-achievement of performance metrics associated with performance awards granted in 2022.
- Following the transaction, Robinson directly owns 21,226 shares of Carters Inc. common stock, some of which are restricted shares subject to time-vesting or performance-based restrictions.
Sentiment
Score: 4
Explanation: The document indicates a failure to meet performance metrics, leading to share forfeiture, which is generally viewed negatively. However, it's a routine regulatory filing.
Negatives
- Antonio Robinson forfeited 2,472 shares due to unmet performance metrics.
Stakeholder Impact
- Shareholders may view the forfeiture of shares due to unmet performance metrics negatively.
Key Dates
| Date | Description |
|---|---|
| 2022 | Year the performance awards were granted to Antonio Robinson. |
| 02/25/2025 | Date of the transaction where Antonio Robinson forfeited shares. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
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