Carter's exec records tax-share withholdings
Carter's Inc. executive Antonio Robinson reported two small share dispositions related to tax withholding on vested restricted stock, not open-market sales.
Rhea-AI Filing Summary
Carter's Inc. executive Antonio Robinson reported two small share dispositions related to tax withholding on vested restricted stock, not open-market sales. On February 28, 374 common shares were withheld at $33.55 per share, and on February 27, 414 shares were withheld at the same price.
These transactions satisfied tax obligations triggered by restricted stock vesting, as described in the footnotes. After these withholdings, Robinson directly owned 35,795 shares of Carter's common stock, some of which remain subject to time- or performance-based restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 374 | $33.55 | $13K |
| Exercise Price or Tax Liability | Common Stock | 414 | $33.55 | $14K |
Footnotes (2)
- F1. The transaction reported in this Form 4 reflects withholding of shares of common stock to satisfy tax withholding obligations resulting from the vesting of restricted stock.
- F2. Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
FAQ
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What insider transactions did Carter's (CRI) executive Antonio Robinson report?
Were Antonio Robinson’s Carter's (CRI) Form 4 transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.