[Form 4] CARTERS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter's Inc reported that Chief Marketing Officer Sarah Crockett acquired company stock through equity awards rather than open-market purchases. On the reported date, she received a total of 18,600 restricted shares of common stock at no purchase price, increasing her direct holdings to 44,232 shares.
The awards consist of restricted shares subject to time-based vesting that lapse in four equal annual installments beginning one year after grant, as well as performance-based restricted shares that cliff vest after three years if specified performance targets are achieved.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Crockett Sarah
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,440 | $0.00 | -- |
| Grant/Award | Common Stock | 11,160 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,072 shares (Direct)
Footnotes (1)
- These restricted shares are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date. Restricted shares that are subject to time-based vesting restrictions. These performance-based restricted shares cliff vest three years from the grant date based upon the achievement of certain targets. Restricted shares that are subject to both time-based vesting and performance-based targets.
FAQ
What did Carter's (CRI) disclose about Sarah Crockett in this Form 4?
Carter's reported that Chief Marketing Officer Sarah Crockett acquired company stock through equity awards. She received 18,600 restricted shares of common stock, granted at no purchase price, which increased her directly held ownership to 44,232 shares, subject to vesting conditions over time.
Did Sarah Crockett buy or sell Carter's (CRI) stock in the market?
The transactions are equity grants, not market trades. They are coded as awards at a transaction price of $0.00 per share, indicating stock-based compensation. There were no reported open-market buys or sells associated with this Form 4 disclosure for Sarah Crockett.