Form 4: Carters Inc. Executive Gifts 250 Shares

Richard F. Westenberger, CFO & COO of Carters Inc. (CRI), reported a disposition of 250 common shares via a bona fide gift to the University of Notre Dame on June 12, 2026.

Summary

• Richard F. Westenberger, Chief Financial Officer and Chief Operating Officer of Carters Inc., reported a transaction on June 12, 2026.
• The transaction involved the disposition of 250 shares of common stock.
• These shares were transferred as a bona fide gift to the University of Notre Dame.
• Following this transaction, Mr. Westenberger beneficially owns 175,250 shares of common stock.
• A portion of the remaining shares are subject to time-based or performance-based vesting restrictions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the disposition of shares was a gift and not a sale, with the executive retaining significant ownership.

Positives

• Disposition of shares as a gift to a recognized institution (University of Notre Dame), potentially reflecting positive corporate social responsibility or personal philanthropy.
• The reporting person retains a significant beneficial ownership of 175,250 shares, indicating continued commitment to the company.

Negatives

• A disposition of company stock by a key executive, even as a gift, could be perceived negatively by the market if not contextualized.

Risks

• Some of the remaining shares are subject to vesting restrictions, which could impact future liquidity or ownership levels for the reporting person.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. Gifts of stock, while not a sale, are still reported and can provide insight into an executive's personal financial decisions and potential confidence in the company's future.

Related Party Transactions

• Disposition of 250 common shares by Richard F. Westenberger to the University of Notre Dame as a bona fide gift.

Stakeholder Impact

• Shareholders: The gift of stock does not directly impact share price but is a standard disclosure. Continued significant ownership by the executive is a positive signal.
• University of Notre Dame: Receives a charitable contribution of Carters Inc. stock.

Key Dates

Keywords

Form 4, SEC Filing, Carters Inc., CRI, Insider Transaction, Stock Gift, Beneficial Ownership, Richard F. Westenberger, CFO, COO, University of Notre Dame