Smith Karen Marie 4

What Happened

• Karen Marie Smith, Chief Supply Chain Officer at Carter's, had 1,974 shares of common stock disposed/withheld to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were reported at $42.07 each for a total value of approximately $83,046.
• This was a withholding disposition to cover taxes on vesting restricted shares (routine), not an open-market sale intended to realize cash gains.

Key Details

• Transaction date: 2026-02-26; Price per share: $42.07; Total reported value: $83,046 (rounded).
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Footnotes: F1 — shares withheld to satisfy tax withholding from RSU vesting; F2 — some withheld shares were restricted and subject to time-vesting or performance-based conditions.
• Shares owned after the transaction: not specified in the provided filing summary.
• Filing date: 2026-03-02 (filed within the typical 2-business-day Form 4 window — appears timely).

Context

• This was a tax-withholding disposition related to vested restricted stock (a common administrative action). Such withholdings are routine and generally do not signal a change in insider sentiment the way open-market purchases or discretionary sales might.
• For investors tracking insider activity, purchases are usually more informative than routine withholdings; treat this entry as an administrative tax-related transaction rather than a deliberate market sale.