Caleres (NYSE: CAL) SVP logs 890-share tax-withholding stock move

Rhea-AI Filing Summary

CALERES INC senior vice president and general counsel Thomas C. Burke reported a Form 4 transaction where 890 shares of common stock were disposed of at $10.95 per share to cover tax obligations. This tax-withholding disposition is not an open-market sale. After the transaction, he directly holds 66,411 shares and indirectly holds 8,459 shares through a 401(k) plan.

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

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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^*

Burke Thomas C

(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, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026

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	03/21/2026		F		890	D	$10.95	66,411	D
Common Stock								8,459	I	Indirect 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Thomas C Burke	03/24/2026
	** 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 Caleres (CAL) executive Thomas C. Burke report?

Thomas C. Burke reported a tax-related share disposition. He used 890 shares of Caleres common stock to satisfy tax obligations, as indicated by transaction code F, rather than executing a traditional open-market sale or purchase of shares.

How many Caleres (CAL) shares were used to cover taxes in this Form 4?

Burke used 890 Caleres shares to cover taxes. The Form 4 shows a tax-withholding disposition of 890 common shares at $10.95 per share, classified under transaction code F for payment of tax liability by delivering securities.

How many Caleres (CAL) shares does Thomas C. Burke hold after this transaction?

Burke directly holds 66,411 Caleres shares after the filing. The Form 4 also reports an indirect holding of 8,459 shares through a 401(k) plan, giving visibility into both his direct and retirement-plan-related positions in the company.

What indirect Caleres (CAL) holdings does Burke report through his 401(k) plan?

Burke reports 8,459 Caleres shares as an indirect 401(k) holding. The Form 4 classifies this as indirect ownership, specifically noted as an indirect holding through a 401(k) plan, separate from his larger directly held common stock position.

Does this Caleres (CAL) Form 4 show an open-market sale of shares?

The Form 4 does not show an open-market sale. The featured transaction uses code F, described as payment of tax liability by delivering securities, indicating tax withholding rather than a discretionary sale into the open market.

What price per share is reported for Burke’s Caleres (CAL) tax-withholding transaction?

The tax-withholding disposition is reported at $10.95 per share. The Form 4 lists 890 common shares transferred at a transaction price of $10.95, aligning with the description of covering tax obligations using company stock.