Carter's (NYSE: CRI) new CEO John Price files Form 3 showing zero share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Carter's, Inc. director and Chief Executive Officer & President John Sharon Price filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows he held no shares of Common Stock immediately before his appointment as CEO, President, and board member.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
John Sharon Price
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares beneficially owned: 0 shares
Reporting role: Chief Executive Officer & President
Board position: Director
3 metrics
Shares beneficially owned
0 shares
Immediately prior to appointment as CEO, President, and director
Reporting role
Chief Executive Officer & President
Officer title disclosed in Form 3
Board position
Director
Member of the Board of Directors of Carter's, Inc.
Key Terms
Form 3, beneficially owned, Chief Executive Officer & President
3 terms
Form 3 regulatory
"filed an initial Form 3 reporting his beneficial ownership in the company"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficially owned financial
"No securities were beneficially owned immediately prior to the reporting person's appointment"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Chief Executive Officer & President financial
"appointment as Chief Executive Officer & President, and member of the Board of Directors"
FAQ
What does John Sharon Price’s Form 3 for CARTERS INC (CRI) report?
The Form 3 reports that John Sharon Price, CEO, President, and director of Carter's, Inc., held no beneficially owned shares of Common Stock immediately prior to his appointment to these roles.
Is John Sharon Price a director and officer of CARTERS INC (CRI) in this filing?
Yes. The filing identifies John Sharon Price as both a director and as an officer of Carter's, Inc., serving as Chief Executive Officer & President at the time of the Form 3 report.
Does the CARTERS INC (CRI) Form 3 show any recent insider transactions?
No insider buy or sell transactions are reported. The Form 3 is an initial statement of beneficial ownership and indicates zero Common Stock beneficially owned by John Sharon Price before his appointment.
What is the significance of a Form 3 filing for CARTERS INC (CRI)?
Form 3 is the initial statement of beneficial ownership for officers and directors. Here, it establishes that John Sharon Price began his service as CEO, President, and director with no reported beneficial ownership of Carter's, Inc. Common Stock.