STOCK TITAN

Caleres (CAL) CIO awarded 21,037 restricted shares in new equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Caleres Inc. Chief Information Officer Willis Hill reported a new equity award rather than an open-market trade. He received a grant of 21,037 shares of common stock at $0.00 per share as compensation, classified as a grant or award acquisition. According to the footnote, this restricted stock vests 50% after two years and 50% after three years. Following the grant, Hill directly holds 77,791.643 shares of Caleres common stock, with an additional 3,673 shares held indirectly through a 401(k) plan. The filing shows no open-market buying or selling activity.

Positive

  • None.

Negative

  • None.
Insider Hill Willis
Role Chief Information Officer
Type Security Shares Price Value
Grant/Award Common Stock 21,037 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 77,791.643 shares (Direct, null); Common Stock — 3,673 shares (Indirect, Indirect holding through 401 (k) Plan)
Footnotes (1)
  1. [object Object]
Restricted stock grant 21,037 shares Grant, award, or other acquisition of common stock
Grant price $0.00 per share Equity compensation, not an open-market purchase
Direct holdings after grant 77,791.643 shares Common stock directly owned following the transaction
Indirect 401(k) holdings 3,673 shares Common stock held indirectly through a 401(k) plan
Vesting schedule 50% after 2 years, 50% after 3 years Restricted stock vesting terms from footnote
Restricted stock financial
"Restricted stock vests 50% after 2 years and 50% after 3 years."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
401 (k) Plan financial
"Indirect holding through 401 (k) Plan"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hill Willis

(Last)(First)(Middle)
8300 MARYLAND AVENUE

(Street)
ST. LOUIS MISSOURI 63105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CALERES INC [ CAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Information Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026A21,037(1)A$077,791.643D
Common Stock3,673IIndirect holding through 401 (k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock vests 50% after 2 years and 50% after 3 years.
Becky Helvey, Attny In Fact for Willis Hill06/10/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CALERES INC (CAL) report for Willis Hill?

CALERES INC reported that Chief Information Officer Willis Hill received a grant of 21,037 shares of common stock. The award was recorded at $0.00 per share as equity compensation, not as an open-market purchase or sale.

How many Caleres (CAL) shares were granted to Willis Hill in this Form 4?

Willis Hill was granted 21,037 shares of Caleres common stock. These shares were issued as a restricted stock award with no cash price per share, reflecting a compensation grant rather than a market transaction.

What is the vesting schedule for Willis Hill’s new Caleres (CAL) restricted stock?

The restricted stock granted to Willis Hill vests in two stages: 50% after two years and the remaining 50% after three years. This staggered vesting encourages longer-term alignment with Caleres’ performance and executive retention.

How many Caleres (CAL) shares does Willis Hill hold after this transaction?

After the reported grant, Willis Hill directly holds 77,791.643 shares of Caleres common stock. He also has 3,673 additional shares held indirectly through a 401(k) plan, as disclosed in the Form 4 filing.

Did Willis Hill buy or sell Caleres (CAL) shares on the open market in this filing?

No open-market purchases or sales were reported for Willis Hill in this Form 4. The main activity was a grant of 21,037 restricted shares, recorded at $0.00 per share as equity compensation, plus an updated 401(k) plan holding.

What does transaction code A mean in the Caleres (CAL) Form 4 for Willis Hill?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of shares. For Willis Hill, it reflects a restricted stock compensation grant of 21,037 Caleres common shares, not an open-market stock purchase.