Carters (CRI) Form 4 — Director Receives 16.8031 Shares via Dividend Credit
Rhea-AI Filing Summary
Jevin Eagle, a director of Carters, Inc. (CRI), was credited with 16.8031 shares of common stock on 09/12/2025 as part of the company’s director deferred compensation program. The shares were recorded at a $0 price because they represent a dividend payment credited into the plan rather than a market purchase. After this transaction, the reporting person’s beneficial ownership totaled 22,713.8143 shares. The Form 4 was filed individually and signed by an attorney-in-fact, Derek Swanson, on 09/12/2025. The filing indicates the change is non-derivative and direct ownership resulting from the dividend-crediting mechanism.
Positive
- Transparent disclosure of director compensation via the company’s deferred compensation program
- Increase in director’s direct holdings to 22,713.8143 shares, aligning personal stake with company interests
Negative
- None.
Insights
TL;DR: Routine director compensation transaction; no cash paid and ownership ticked up slightly.
This Form 4 reports a non-derivative credit of 16.8031 common shares to a director under a deferred compensation program. The transaction is recorded at $0 because it reflects dividend crediting, not a market purchase, and results in 22,713.8143 shares beneficially owned. For investors, this is a procedural disclosure of equity-based director compensation rather than a market signal; there is no indicated sale, exercise, or cash outflow.
TL;DR: Standard compliance filing showing director-share accrual via the company’s deferred compensation plan.
The submission aligns with Section 16 reporting requirements: it names the reporting person, shows the transaction date, transaction code indicating acquisition via plan, and provides post-transaction holdings. The use of an attorney-in-fact signature and explicit explanation that shares were credited as a dividend-payment settlement clarifies the nature of the grant. No governance red flags or unusual related-party transactions are disclosed.