Caleres (NYSE: CAL) SVP logs 890-share tax-withholding stock move
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Burke Thomas C
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 890 | $10.95 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,411 shares (Direct);
Common Stock — 8,459 shares (Indirect, Indirect holding through 401(k) Plan)
Footnotes (1)
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.
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.