Tax-withholding share disposition by Carters (CRI) chief sales officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carters Inc Chief Sales Officer Julie D'Emilio reported a tax-withholding share disposition related to equity compensation. On the reported date, 398 shares of common stock were withheld at an implied price of $40.05 per share to cover tax obligations from vesting restricted stock. After this non-market transaction, she directly owned 55,274 common shares, some of which remain subject to time-based or performance-based vesting restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
D'Emilio Julie
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 398 | $40.05 | $16K |
Holdings After Transaction:
Common Stock — 55,274 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-vesting or performance-based restrictions.
FAQ
What insider transaction did Carters (CRI) report for Julie D'Emilio?
Carters reported that Chief Sales Officer Julie D'Emilio had 398 common shares withheld to cover tax obligations from vesting restricted stock, at an implied price of $40.05 per share, rather than executing an open-market stock sale.
Was the Carters (CRI) Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition. Shares were withheld by the company to satisfy tax liabilities from restricted stock vesting, not sold by Julie D'Emilio on the open market to third-party buyers.
What does transaction code F mean in the Carters (CRI) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 398 Carters common shares were withheld to satisfy tax withholding obligations triggered by the vesting of restricted stock awards.
What role does Julie D'Emilio hold at Carters (CRI)?
Julie D'Emilio is identified as Carters’ Chief Sales Officer. The Form 4 reports her direct ownership of common stock and a tax-withholding share disposition connected to the vesting of restricted stock granted as part of her equity compensation.