Carter's Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure, Financial Statements and Exhibits
$CRI
Apparel
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 16, 2024
| (Exact name of Registrant as specified in its charter) | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(678 ) 791-1000
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ((§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ((§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its Annual Meeting of Stockholders on May 16, 2024 (the “Annual Meeting”). Set forth below are the final voting results for each of the proposals submitted to a vote of the stockholders.
1. Election of Directors
Each of the eleven director nominees were elected to a one-year term. The voting results were as follows:
| Name | Total votes for | Total votes against | Total votes abstained | Broker non-votes | ||||||||||||||||||||||
Rochester Anderson, Jr. | 33,560,214 | 125,847 | 18,983 | 905,939 | ||||||||||||||||||||||
| Jeffrey H. Black | 33,564,352 | 117,620 | 23,072 | 905,939 | ||||||||||||||||||||||
| Hali Borenstein | 33,533,452 | 152,691 | 18,901 | 905,939 | ||||||||||||||||||||||
| Luis A. Borgen | 33,556,036 | 129,928 | 19,080 | 905,939 | ||||||||||||||||||||||
| Michael D. Casey | 32,765,029 | 920,756 | 19,259 | 905,939 | ||||||||||||||||||||||
| Jevin S. Eagle | 32,760,713 | 925,338 | 18,993 | 905,939 | ||||||||||||||||||||||
| Mark P. Hipp | 33,558,393 | 127,570 | 19,081 | 905,939 | ||||||||||||||||||||||
| William J. Montgoris | 32,453,621 | 1,232,341 | 19,082 | 905,939 | ||||||||||||||||||||||
| Stacey S. Rauch | 33,529,515 | 152,871 | 22,658 | 905,939 | ||||||||||||||||||||||
| Gretchen W. Schar | 33,575,145 | 111,171 | 18,728 | 905,939 | ||||||||||||||||||||||
| Stephanie P. Stahl | 33,526,015 | 160,314 | 18,715 | 905,939 | ||||||||||||||||||||||
2. Advisory Vote on Executive Compensation for Named Executive Officers
The stockholders of the Company approved, on an advisory basis, the 2023 compensation awarded to the Company’s named executive officers as disclosed in the Company’s proxy statement filed in connection with the Annual Meeting (the "Say-on-Pay" Vote). The voting results were as follows:
| Total votes for | Total votes against | Total votes abstained | Broker non-votes | ||||||||||||||||||||
| 32,828,890 | 820,192 | 55,962 | 905,939 | ||||||||||||||||||||
3. Ratification of Appointment of Independent Registered Public Accounting Firm
The shareholders of the Company ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal 2024. The voting results were as follows:
| Total votes for | Total votes against | Total votes abstained | ||||||||||||||||||
| 33,281,534 | 1,309,931 | 19,518 | ||||||||||||||||||
Item 7.01 Regulation FD Disclosure.
On May 16, 2024, the Company announced, in a press release, the declaration of a quarterly cash dividend to the Company’s shareholders. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in Item 7.01 of this report shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | ||||
| 99.1 | |||||
| 104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL | ||||
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, Carter’s, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| May 16, 2024 | CARTER’S, INC. | |||||||
| By: | /s/ Antonio D. Robinson | |||||||
| Name: | Antonio D. Robinson | |||||||
| Title: | Senior Vice President, General Counsel, Corporate Secretary, CSR & Chief Compliance Officer | |||||||
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