Form 4: Carters Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Antonio Robinson, SVP, GC, Secy, CSR, & CCO of Carters Inc., sold 417 shares of common stock on February 27, 2024, to cover tax withholding obligations.
Summary
- On February 27, 2024, Antonio Robinson, a Senior Vice President at Carters Inc., disposed of 417 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock.
- The sale price was $80.55 per share.
- Following the transaction, Robinson directly owns 17,679 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 neutral event. It's a standard transaction for covering tax obligations related to stock vesting.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Antonio Robinson sold 417 shares of Carters Inc. common stock. |
| 02/28/2024 | Date of signature for the Form 4 filing. |
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