Caleres (NYSE: CAL) director granted 12,196 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flavin Lisa reported acquisition or exercise transactions in this Form 4 filing.
Caleres Inc. director Lisa Flavin received a grant of 12,196 restricted stock units as equity compensation. Each unit represents the fair market value of one share of Caleres common stock and will be settled in shares when her board service ends or on another elected date.
The units vest only if she continues serving as a director through the next annual meeting of shareholders. After this award, she holds 12,196 restricted stock units directly, and there were no open-market stock purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flavin Lisa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,196 | $13.12 | $160K |
Holdings After Transaction:
Restricted Stock Units — 12,196 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company. Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.
Key Figures
RSUs granted: 12,196 units
Implied fair value per unit: $13.12 per unit
Underlying common shares: 12,196 shares
+2 more
5 metrics
RSUs granted
12,196 units
Restricted stock units granted on 2026-06-08
Implied fair value per unit
$13.12 per unit
Grant valuation reference per restricted stock unit
Underlying common shares
12,196 shares
Common stock underlying the granted restricted stock units
RSU holdings after grant
12,196 units
Total restricted stock units held following the transaction
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Restricted Stock Units, contingent right, vesting, annual meeting of shareholders, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive the fair market value of a share of common stock"
vesting financial
"Vesting of each restricted stock unit is contingent on the Director's continued service as a director"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Caleres (CAL) director Lisa Flavin report on this Form 4?
Lisa Flavin reported receiving 12,196 restricted stock units as equity compensation. These units are tied to Caleres common stock and were granted as a non-cash award, with no open-market share purchases or sales disclosed in this filing.
How many restricted stock units did Lisa Flavin receive from Caleres (CAL)?
She received 12,196 restricted stock units linked to Caleres common stock. Each unit corresponds to the fair market value of one share, providing stock-based compensation that aligns the director’s interests with shareholders over time, subject to vesting and settlement conditions.
What are the vesting conditions for Lisa Flavin’s Caleres (CAL) restricted stock units?
The units vest only if Lisa Flavin continues serving as a director through the next annual meeting of shareholders. This service-based vesting encourages board continuity and ties full value realization to her ongoing role on the Caleres board.
Did this Caleres (CAL) Form 4 show any stock being bought or sold on the market?
No, the Form 4 shows a grant of restricted stock units, not a market transaction. It records a compensation-related acquisition, with 12,196 units awarded and no open-market stock purchases or sales reported for this director in this filing.