[Form 4] CARTERS INC Insider Trading Activity
Carter's Inc reported that Chief Marketing Officer Sarah Crockett acquired company stock through equity awards rather than open-market purchases.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,440 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,160 | $0.00 | $0.00 |
Footnotes (4)
- F1. These restricted shares are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date.
- F2. Restricted shares that are subject to time-based vesting restrictions.
- F3. These performance-based restricted shares cliff vest three years from the grant date based upon the achievement of certain targets.
- F4. Restricted shares that are subject to both time-based vesting and performance-based targets.
FAQ
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What did Carter's (CRI) disclose about Sarah Crockett in this Form 4?
Did Sarah Crockett buy or sell Carter's (CRI) stock in the market?
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