Form 4: Hanesbrands Inc. CEO Stephen Bratspies Reports Changes in Beneficial Ownership

Hanesbrands Inc. CEO Stephen Bratspies reports changes in beneficial ownership related to phantom stock under the company's Supplemental Employee Retirement Plan.

Summary

• On August 5, 2024, Stephen B. Bratspies, CEO of Hanesbrands Inc., reported a transaction involving phantom stock.
• The transaction involved a hypothetical investment in Hanesbrands Inc. common stock under the company's Supplemental Employee Retirement Plan.
• Bratspies acquired 1,323 shares of phantom stock at a price of $5.3.
• Following the reported transaction, Bratspies directly owns 1,334 derivative securities.
• The phantom stock is settled in cash upon retirement or termination of employment, based on the value of Hanesbrands Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a routine disclosure related to executive compensation and holdings, common in publicly traded companies. It provides transparency into the alignment of executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it relates to internal compensation arrangements.

Key Dates