Caleres (NYSE: CAL) CFO receives new restricted stock grants as equity pay

Rhea-AI Filing Summary

Karpel Daniel L reported acquisition or exercise transactions in this Form 4 filing.

CALERES INC reported that SVP and Chief Financial Officer Daniel L. Karpel received two restricted stock grants of common stock on June 8, 2026. One award covered 11,433 shares that vest 50% after two years and 50% after three years. The second award covered 15,244 shares, vesting in three equal annual installments. These are compensation-related equity awards granted at no cash cost per share, and the filing lists updated direct holdings figures of 50,876 and 39,443 common shares following the respective grants.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Karpel Daniel L

Role SVP, Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,244	$0.00	--
Grant/Award	Common Stock	11,433	$0.00	--

Holdings After Transaction: Common Stock — 39,443 shares (Direct, null)

Footnotes (1)

1. Restricted stock vests 50% after 2 years and 50% after 3 years. Restricted stock vests 1/3 each year.

Key Figures

Restricted stock grant 1: 11,433 shares Restricted stock grant 2: 15,244 shares Holdings after grant 1: 50,876 shares +3 more

6 metrics

Restricted stock grant 1 11,433 shares Common Stock, granted June 8, 2026; vests 50% after 2 years and 50% after 3 years

Restricted stock grant 2 15,244 shares Common Stock, granted June 8, 2026; vests 1/3 each year

Holdings after grant 1 50,876 shares Total common shares directly owned following first reported grant

Holdings after grant 2 39,443 shares Total common shares directly owned following second reported grant

Transaction price per share $0.00 Both restricted stock grants reported at zero cash price per share

Transaction count 2 acquisitions Both transactions coded A as grant, award, or other acquisition

Key Terms

Restricted stock, Grant, award, or other acquisition, Common Stock, Direct ownership

4 terms

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.

Grant, award, or other acquisition financial

"Transaction code description is Grant, award, or other acquisition for both entries."

Common Stock financial

"Security title for both transactions is Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Direct ownership financial

"Each transaction is reported with ownership type direct and ownership code D."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Karpel Daniel L

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Financial 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		A		15,244(1)	A	$0	39,443	D
Common Stock	06/08/2026		A		11,433(2)	A	$0	50,876	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock vests 50% after 2 years and 50% after 3 years.

2. Restricted stock vests 1/3 each year.

	Becky Helvey, Attny in Fact for Daniel L Karpel	06/10/2026
	** 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 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 CAL (Caleres Inc) disclose for Daniel L. Karpel?

Caleres disclosed that SVP and CFO Daniel L. Karpel received two restricted stock grants of common stock on June 8, 2026. These equity awards are classified as acquisitions under code A, representing compensation rather than open-market purchases.

How many Caleres (CAL) shares were granted to the CFO in this Form 4?

The CFO was granted 11,433 shares in one restricted stock award and 15,244 shares in a second award. Both grants involve Caleres common stock and were reported as zero-price equity compensation, not cash purchases in the open market.

What are the vesting terms of the Caleres (CAL) restricted stock granted to the CFO?

One restricted stock grant vests 50% after two years and 50% after three years. The other grant vests in three equal annual installments, with one-third of the shares vesting each year according to the footnotes in the filing.

Did the Caleres (CAL) CFO buy or sell shares in the market in this filing?

No market buy or sell transactions were reported. The Form 4 shows two acquisitions coded A, indicating restricted stock grants as part of compensation, with no open-market purchases or sales of Caleres common stock disclosed in this filing.

How many Caleres (CAL) shares does the CFO hold after these grants?

The filing lists 50,876 common shares following one restricted stock grant and 39,443 shares following the other grant. These figures reflect direct ownership reported in connection with each award, based on the totals shown in the Form 4 tables.