D'Emilio Julie 4
Research Summary
AI-generated summary
CARTERS (CRI) Chief Sales Officer Julie D'Emilio Sells 1,711 Shares
What Happened
Julie D'Emilio, Chief Sales Officer of Carters, reported the disposition of 1,711 shares on 2026-02-26. The shares were withheld/disposed to satisfy tax withholding obligations tied to the vesting of restricted stock at a price of $42.07 per share, for a total value of approximately $71,982. This transaction is a withholding to cover taxes (routine) rather than an open-market sale intended as a market signal.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the typical two-business-day window).
- Shares involved: 1,711 shares withheld/disposed at $42.07 each; total value ≈ $71,982.
- Transaction code: F — payment of exercise price or tax liability (share withholding to satisfy tax withholding on vesting).
- Shares owned after transaction: Not specified in the provided details of this summary.
- Footnotes: F1 confirms the shares were withheld to satisfy tax withholding on vesting. F2 notes some of the related shares are subject to time-vesting or performance-based restrictions.
Context
Withholding shares to cover taxes on vested restricted stock is a common, administrative action and does not necessarily reflect the insider’s view of the stock. Unlike open-market purchases, these transactions are routine and typically driven by tax obligations rather than investment decisions.