D'Emilio Julie 4

What Happened Julie D'Emilio, Chief Sales Officer of Carter's, had a total of 1,044 shares of common stock withheld to satisfy tax withholding obligations resulting from the vesting of restricted stock. The withholding occurred in two transactions: 602 shares on 2026-02-27 and 442 shares on 2026-02-28, each at $33.55 per share, for aggregate proceeds of approximately $35,026. These were disposals to cover taxes (transaction code F), not open-market sales.

Key Details

• Transaction dates and prices: 602 shares withheld on 2026-02-27 at $33.55 ($20,197) and 442 shares withheld on 2026-02-28 at $33.55 ($14,829).
• Total withheld: 1,044 shares, ~ $35,026.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnotes: F1 indicates the shares were withheld to satisfy tax withholding on vested restricted stock; F2 notes some of the shares remain restricted and are subject to time-vesting or performance-based conditions.
• Filing: Form 4 filed 2026-03-03 reporting the 2026-02-27/02-28 events; this filing appears to be timely (no late filing code indicated).

Context Withholdings to cover tax obligations after restricted stock vests are routine and differ from open-market sales — they don’t necessarily signal the insider’s view of the stock. Some of the underlying shares remain subject to vesting conditions, per the footnote.