Carter’s (CRI) executive logs tax-withholding share disposition on RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter’s Inc. executive Allison Peterson reported a tax-related share disposition tied to restricted stock vesting. On the reported date, 1,711 shares of common stock were withheld at a price of $42.07 per share to satisfy tax withholding obligations triggered by the vesting of restricted stock awards. This was not an open-market sale, but an automatic share withholding. After this transaction, Peterson directly owned 49,123 shares of Carter’s common stock, some of which remain subject to time-based vesting restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peterson Allison
Role
Chf. Retail & Digital Ofc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,711 | $42.07 | $72K |
Holdings After Transaction:
Common Stock — 49,123 shares (Direct)
Footnotes (1)
- 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. Some of these shares are restricted shares that are subject to time-vesting restrictions.
FAQ
What insider transaction did Carter’s (CRI) executive Allison Peterson report?
Allison Peterson reported a disposition of 1,711 Carter’s common shares. The shares were withheld at $42.07 each to cover tax obligations arising from restricted stock vesting, rather than sold in the open market, and were recorded as a tax-withholding disposition.
What does transaction code “F” mean in the Carter’s (CRI) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,711 Carter’s shares were withheld to cover tax withholding obligations related to the vesting of restricted stock, instead of using cash to satisfy those taxes.