[Form 3/A] Caleres Inc Amended Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Caleres Inc. Form 3/A: Brian P. Costello, identified as a divisional president of Famous Footwear and a company officer and director, reported beneficial ownership of 11,642 shares of Caleres common stock in a direct capacity. The filing amends an initial statement and names an attorney-in-fact who signed the amendment on behalf of the reporting person. This disclosure documents an officer's existing equity stake but does not show any derivative holdings or recent transactions.

Positive

• Officer ownership disclosed: The filing documents a clear direct holding of 11,642 shares by a Caleres officer, supporting transparency.
• No derivatives reported: Absence of options or convertible instruments reduces complexity around potential dilution or hedging.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine Section 16 filing showing an officer's direct ownership; no red flags or changes to control.

This amended Form 3 confirms transparency around insider holdings by a senior operational officer. The disclosed 11,642 shares represent a straightforward equity position with no disclosed derivative securities, suggesting no immediate compensation-related option activity or hedging. As an amendment to an initial filing, it corrects or formalizes prior reporting but does not indicate material governance shifts, related-party transactions, or changes in board composition.

Securities Analyst

TL;DR: Non-material disclosure of an officer's direct stake; no new purchases, sales, or option grants are reported.

From a market-impact perspective, the filing is informational and routine. The absence of derivative holdings or transaction lines means there is no immediate impact on share supply or insider confidence signals. Investors tracking insider ownership can note the position size, but the amount disclosed is unlikely to move valuation or signal a change in insider alignment with shareholders.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Costello Brian P

(Last) (First) (Middle)

8300 MARYLAND AVE.

(Street)

ST. LOUIS MO 63105

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2025

3. Issuer Name and Ticker or Trading Symbol
CALERES INC [ CAL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Div President, Famous Footwear

5. If Amendment, Date of Original Filed (Month/Day/Year)
08/29/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	11,642	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Becky Helvey, Attny in Fact for Brian P Costello	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Caleres insider Brian P. Costello report on this Form 3/A (CAL)?

The report discloses that Brian P. Costello directly beneficially owns 11,642 shares of Caleres common stock and lists his role as Divisional President, Famous Footwear.

Does the Form 3/A for CAL show any option grants or derivative holdings?

No. The filing's derivative section shows no securities under derivatives, indicating no reported options, warrants, or convertible instruments.

Is this filing a new ownership report or an amendment for CAL?

This filing is labeled an amendment to an initial statement of beneficial ownership, updating or correcting the original Form 3.

Who signed the amended Form 3/A for Caleres?

The document shows an attorney-in-fact (Becky Helvey) signing on behalf of Brian P. Costello for the amendment.