Form 4: Carters Inc. Executive Kendra Krugman Reports Stock Transaction
SEC Form 4 Filing
Kendra Krugman, SEVP, Chief Creative & Growth Officer of Carters Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 16, 2025, Kendra Krugman, SEVP, Chief Creative & Growth Officer of Carters Inc., had shares of common stock withheld to satisfy tax obligations resulting from the vesting of restricted stock.
- A total of 615 shares were withheld at a price of $52.88 per share.
- Following the transaction, Krugman beneficially owns 71,322 shares of Carters 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 and does not inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of stock transaction (withholding of shares for tax obligations). |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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