Caleres (NYSE: CAL) director receives 12,196-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANGENSTEIN MOLLY reported acquisition or exercise transactions in this Form 4 filing.
CALERES INC director Molly Langenstein received an equity grant of 12,196 shares of Common Stock valued at $13.12 per share. The transaction is classified as a grant or award, not an open-market purchase, and increases her direct holdings to 35,306 shares.
The vesting of this restricted stock is contingent on her continued service as a director through the next annual meeting of shareholders, so the award is tied to ongoing board service and functions as routine equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LANGENSTEIN MOLLY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,196 | $13.12 | $160K |
Holdings After Transaction:
Common Stock — 35,306 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 12,196 shares
Grant reference price: $13.12 per share
Shares held after grant: 35,306 shares
3 metrics
Restricted stock grant
12,196 shares
Common Stock grant on 2026-06-08
Grant reference price
$13.12 per share
Price per share for the awarded stock
Shares held after grant
35,306 shares
Total direct ownership after transaction
Key Terms
restricted stock, Grant, award, or other acquisition, Common Stock, non-derivative
4 terms
restricted stock financial
"Vesting of restricted stock is contingent on the Director's continued service"
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: Grant, award, or other acquisition"
Common Stock financial
"security_title: 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.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What did CAL (Caleres Inc) director Molly Langenstein report in this Form 4?
Molly Langenstein reported receiving a grant of 12,196 shares of Caleres Common Stock at $13.12 per share. This equity award increased her direct holdings to 35,306 shares and is categorized as a grant, not an open-market stock purchase.
Is the Molly Langenstein CAL (Caleres) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant or award acquisition of 12,196 Caleres shares, coded as transaction type A. It is compensation-related equity, not an open-market purchase, with a reference price of $13.12 per share in the filing’s transaction details.
What are the vesting conditions on Molly Langenstein’s CAL restricted stock grant?
The vesting of Molly Langenstein’s restricted Caleres shares depends on her continued service as a director. According to the footnote, the stock vests only if she remains on the board through the next annual meeting of shareholders, linking the award to ongoing board service.
Does the CAL (Caleres) Form 4 for Molly Langenstein involve any derivative securities or options?
The Form 4 for Molly Langenstein shows only a non-derivative Common Stock transaction, with no derivative positions listed. The derivativeSummary section is empty, indicating no reported options, warrants, or other derivative transactions in this particular filing excerpt.