John Sharon Price 4
Research Summary
AI-generated summary
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.