Caleres director granted 12,196 shares of stock
LANGENSTEIN MOLLY reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,196 | $13.12 | $160K |
Footnotes (1)
- F1. Vesting of restricted stock is contingent on the Director's continued service as a director through the next annual meeting of shareholders.
Key Figures
Key Terms
restricted stock financial
Grant, award, or other acquisition financial
Common Stock financial
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CAL (Caleres Inc) director Molly Langenstein report in this Form 4?
Is the Molly Langenstein CAL (Caleres) Form 4 transaction a stock purchase or a grant?
What are the vesting conditions on Molly Langenstein’s CAL restricted stock grant?
Does the CAL (Caleres) Form 4 for Molly Langenstein involve any derivative securities or options?
AI-generated analysis. How Rhea-AI works. Not financial advice.