John Sharon Price 4
4 · CARTERS INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
CARTERS (CRI) CEO John Price Receives Restricted Stock Award
What Happened John Sharon Price, CEO & President and a director of CARTERS, was granted two restricted stock awards on June 15, 2026 totaling 155,506 shares: 62,204 time‑based shares and 93,302 performance‑based shares. Both grants were recorded at $0 per share (award/grant code A), so there was no cash exchanged on the date of grant.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (no late filing indicated).
- Grants: 62,204 time‑based RSUs (F1) and 93,302 performance‑based RSUs (F2); total 155,506 shares; grant price $0.
- Vesting: F1 time‑based RSUs vest in four equal annual installments on March 2 of 2027, 2028, 2029 and 2030 per the April 27, 2026 Offer Letter. F2 performance RSUs cliff vest only if fiscal 2026–2028 metrics are certified by the Compensation & Human Capital Committee, expected in early 2029 if met.
- Shares owned after transaction: not specified in the filing.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context Restricted stock awards are compensation, not open‑market buys or sales; the time‑ and performance‑based structure ties future pay to continued service and meeting company targets. For investors, grants can dilute shares over time if they vest, but they are a routine part of executive compensation and do not by themselves indicate immediate insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-15+62,204→ 62,204 total - Award
Common Stock
[F2]2026-06-15+93,302→ 155,506 total
Footnotes (2)
- [F1]These time-based restricted shares vest in four equal annual installments on March 2, 2027, March 2, 2028, March 2, 2029, and March 2, 2030, as required under that certain Offer Letter, dated April 27, 2026, entered into between Ms. John and the Company.
- [F2]These performance-based restricted shares cliff vest in connection with the Compensation & Human Capital Committee's certification of the achievement of certain fiscal 2026 through 2028 performance metrics, expected to occur in early 2029 if those performance metrics are met.