Caleres director granted 12,196 stock units

Flavin Lisa reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 12,196 shares

Grant/Award 1 txn

Insider Flavin Lisa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	12,196	$13.12	$160K

Holdings After Transaction: Restricted Stock Units — 12,196 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.
2. F2. 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.

annual meeting of shareholders financial

"continued service as a director through the next annual meeting of shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

settled in shares financial

"The restricted stock units will be settled in shares of common stock of the Company"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

When will Lisa Flavin’s Caleres (CAL) restricted stock units be settled into shares?

The restricted stock units will be settled in Caleres common shares when her service as a director ends, or on another date she elects. This defers delivery of stock while maintaining alignment with long-term shareholder value during her board tenure.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/10/2026 - 03:28 PM Learn about SEC filing dates

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^*

Flavin Lisa

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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

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
Restricted Stock Units	(1)	06/08/2026		A		12,196		(2)	(2)	Common Stock	12,196	$13.12	12,196	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

2. 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.

	Becky Helvey, Attny in Fact for Lisa Flavin	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)