Form 4: Hanesbrands Inc. Executive Reports Phantom Stock Transaction

Sentiment:

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

DateDescription
02/10/2025Date of the phantom stock transaction.
02/12/2025Date of signature by Attorney-in-Fact.

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