Borgen Luis 4

What Happened
Luis Borgen, a director of CARTERS INC (CRI), was granted 4,266 shares on 2026-05-14 as part of his director compensation. The shares were issued at $0.00 (reported acquisition value $0), indicating an award/grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-15 (timely filing).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total reported cash value: $0.
• Shares acquired: 4,266 shares.
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnote: F1 — shares were granted as part of the reporting person’s director compensation.
• Filing timeliness: Report appears timely (filed within required Form 4 window).

Context
This was a compensation grant to a director, not a market purchase or sale. Such awards are common for board compensation and may be subject to vesting or other plan restrictions (the filing does not specify vesting). Grants do not by themselves indicate the director’s view on the stock’s short-term performance.