secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001060822-24-000040
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's amends equity plan with double-trigger vesting and clawback provision
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- Board approved amended equity plan effective Feb 15, 2024; applies to grants on or after that date.
- Double-trigger accelerates vesting if no qualifying replacement awards or termination within 2 years post-change-in-control.
- Mandatory clawback added for erroneously awarded compensation due to accounting restatements per Rule 10D-1 and NYSE rules.
- No other changes; share pool and individual award limits unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082224000040/0001060822-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082224000040/cri-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001060822-24-000040

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