Carters (NYSE: CRI) CEO receives two stock grants with vesting terms
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palladini Douglas C reported acquisition or exercise transactions in this Form 4 filing.
Carters, Inc. reported that CEO and President Douglas C. Palladini received two grants of common stock on March 2, 2026. The awards covered 62,947 and 94,421 shares at a grant price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
Footnotes explain that portions of these awards are restricted shares that vest in four equal annual installments beginning one year from the grant date, and that some are performance-based restricted shares whose vesting after three years depends on achieving specified targets.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Palladini Douglas C
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,947 | $0.00 | -- |
| Grant/Award | Common Stock | 94,421 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 259,747 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 both time-based vesting and performance-based targets. These performance-based restricted shares cliff vest three years from the grant date based upon the achievement of certain targets.
FAQ
What insider transaction did Carters (CRI) CEO Douglas Palladini report?
Douglas C. Palladini reported receiving two grants of Carters common stock as equity awards. The grants covered 62,947 and 94,421 shares at a grant price of $0.00 per share, reflecting compensation rather than an open-market purchase of CRI shares.
Were the Carters (CRI) CEO stock grants time-vested or performance-based?
The reported stock awards include both time-vested and performance-based restricted shares. Some shares vest in four equal annual installments starting one year after the grant, while separate performance-based restricted shares cliff vest after three years if specified performance targets are achieved.