Carter’s (CRI) officer has 543 shares withheld to cover tax obligation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter’s Inc officer Antonio Robinson reported a routine share disposition related to equity compensation. On the vesting of restricted stock, 543 shares of common stock were withheld at $35.59 per share to cover tax withholding obligations. After this non-market transaction, Robinson directly holds 56,622 shares of Carter’s common stock, some of which remain subject to time-based or performance-based restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Antonio
Role
Chf Admin & Comp Ofc Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 543 | $35.59 | $19K |
Holdings After Transaction:
Common Stock — 56,622 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 either time-based vesting or performance-based restrictions.
Key Figures
Shares withheld for taxes: 543 shares
Withholding share value: $35.59 per share
Shares held after transaction: 56,622 shares
3 metrics
Shares withheld for taxes
543 shares
Withholding on restricted stock vesting for tax obligations
Withholding share value
$35.59 per share
Value used for tax-withholding disposition
Shares held after transaction
56,622 shares
Direct holdings following tax-withholding disposition
Key Terms
restricted stock, tax withholding obligations, restricted shares
3 terms
restricted stock financial
"resulting from the vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"to satisfy tax withholding obligations resulting from the vesting"
FAQ
What did Carter’s (CRI) officer Antonio Robinson report in this Form 4?
Antonio Robinson reported a tax-related disposition of shares. 543 shares of Carter’s common stock were withheld to satisfy tax obligations from restricted stock vesting, and he now directly holds 56,622 shares, including some still subject to vesting or performance conditions.
What triggered the tax withholding reported in the Carter’s (CRI) Form 4?
The tax withholding was triggered by the vesting of restricted stock granted to Antonio Robinson. When these restricted shares vested, the company withheld 543 shares of common stock to satisfy associated tax obligations, instead of requiring a separate cash payment for those taxes.