Form 4: Hanesbrands Inc. Executive Reports Phantom Stock Transaction
SEC Form 4 Filing
Joseph W. Cavaliere, President, Innerwear Global at Hanesbrands Inc., reports a transaction involving phantom stock units related to the company's Supplemental Employee Retirement Plan.
Summary
- On February 10, 2025, Joseph W. Cavaliere, President, Innerwear Global of Hanesbrands Inc., reported a transaction involving phantom stock.
- The transaction involved 217 phantom stock units, representing a hypothetical investment in Hanesbrands Inc. common stock under the company's Supplemental Employee Retirement Plan.
- The price of the phantom stock was $7.52.
- Following the transaction, Cavaliere directly owns 216 derivative securities.
- Balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock upon retirement or termination of employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an executive's phantom stock transaction, indicating a neutral sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to executive compensation and retirement planning.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of the phantom stock transaction. |
| 02/12/2025 | Date of signature by Attorney-in-Fact. |
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