CARTERS (CRI) CMO Sarah Crockett Withholds 2,842 Shares for Taxes
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CARTERS (CRI) CMO Sarah Crockett Withholds 2,842 Shares for Taxes
What Happened
Sarah Crockett, Chief Marketing Officer of CARTERS, had 2,842 shares of common stock withheld to satisfy tax withholding obligations arising from the vesting of restricted stock. The shares were valued at $39.96 each, for an aggregate value of approximately $113,566. This was a withholding to cover taxes tied to an award vesting, not an open-market sale.
Key Details
- Transaction date: 2026-08-08; Form filed: 2026-08-11.
- Shares withheld/disposed: 2,842 at $39.96 per share; total value ≈ $113,566.
- Shares owned after the transaction: not stated in the provided excerpt.
- Footnotes: F1 — shares were withheld to satisfy tax withholding from vesting; F2 — some shares are restricted and subject to time-based or performance-based vesting conditions.
- No late-filing flag is indicated in the provided information.
Context
Withholding shares to cover taxes is a common, administrative step when restricted stock vests and does not represent a market sale or a trading decision about the company. These withheld shares reduce the insider’s outstanding shares only to meet tax obligations; they do not necessarily indicate positive or negative sentiment about CARTERS’ stock.