Carter's (NYSE: CRI) officer shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Antonio Robinson, a Carter's executive, reported a tax-withholding disposition of 1,448 shares of common stock at $42.07 per share on restricted stock vesting. After this transaction, he directly owned 36,583 common shares, some of which remain subject to time- 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 | 1,448 | $42.07 | $61K |
Holdings After Transaction:
Common Stock — 36,583 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 Carter's (CRI) report for Antonio Robinson?
Carter's executive Antonio Robinson reported a tax-withholding disposition of 1,448 common shares. The shares were withheld to cover taxes triggered by the vesting of restricted stock, rather than sold in an open-market transaction.
What does transaction code F mean in the Carter's (CRI) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,448 Carter's shares were withheld to satisfy tax withholding obligations tied to the vesting of restricted stock awards.