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

Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001193125-25-214246
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's adopts limited-duration rights plan after RWWM accumulates 16.86% stake
--------------------------------------------------------------------------------

- Adopted stockholder rights agreement after RWWM, Inc. disclosed 16.86% beneficial ownership of CRI common stock.
- Rights become exercisable if unapproved party acquires 15% (non-passive) or 20% (passive) of shares.
- Each right entitles holder to buy $160 worth of preferred shares; after trigger, can acquire CRI shares at 50% discount.
- Rights expire September 21, 2026; dividend to shareholders of record on October 3, 2025.
- RWWM grandfathered at current ownership level but cannot increase stake without triggering rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000119312525214246/0001193125-25-214246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000119312525214246/d919056d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-214246

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