Carter’s CFO logs tax share withholding
Carter’s Inc. executive Richard F. Westenberger, the CFO & COO, reported a Form 4 transaction where 3,948 shares of common stock were withheld at $42.07 per share to cover tax obligations from vesting restricted stock.
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Rhea-AI Filing Summary
Carter’s Inc. executive Richard F. Westenberger, the CFO & COO, reported a Form 4 transaction where 3,948 shares of common stock were withheld at $42.07 per share to cover tax obligations from vesting restricted stock. After this tax-withholding disposition, he holds 139,461 shares, some still subject to time- or performance-based restrictions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,948 | $42.07 | $166K |
Footnotes (2)
- F1. 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.
- F2. Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
FAQ
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What insider transaction did Carter’s (CRI) CFO Richard Westenberger report?
Was Richard Westenberger’s Carter’s (CRI) Form 4 an open-market stock sale?
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