secwatch.observer — SEC 8-K summary
======================================

Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001060822-21-000055
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Carter's appoints Luis Borgen (CFO of athenahealth) to board, effective Nov. 2, 2021
--------------------------------------------------------------------------------

- Luis Borgen appointed to board effective Nov 2, 2021; also joins Audit Committee.
- One-time grant of restricted stock valued at $155,000, 3-year cliff vesting.
- Annual director compensation: $155,000 stock grant + $85,000 cash retainer, pro-rated for 2021.
- Board meeting fee $2,500, committee meeting fee $1,000 per meeting attended.
- Mr. Borgen has no family relations with officers/directors and no 404(a) reportable interests.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082221000055/0001060822-21-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082221000055/cri-20211102.htm
  HTML page:      https://secwatch.observer/filing/0001060822-21-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer