Caleres (NYSE: CAL) CEO has 14,693 shares withheld for taxes on Form 4

Rhea-AI Filing Summary

Caleres Inc. President and CEO John W. Schmidt reported a Form 4 transaction involving company common stock. On 01/13/2026, 14,693 shares of Caleres common stock were disposed of at $13.94 per share in a transaction coded "F," indicating shares withheld to cover taxes or similar obligations on equity compensation. After this transaction, Schmidt directly beneficially owned 438,787 Caleres shares. The filing also notes indirect holdings of 2,500 shares held by his spouse and 6,019 shares held 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^*

Schmidt John W

(Last) (First) (Middle)

156 W. 56TH STREET

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President & CEO, Caleres

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/13/2026		F		14,693	D	$13.94	438,787	D
Common Stock								2,500	I	By Spouse
Common Stock								6,019	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, Attny in Fact for John W Schmidt	01/15/2026
	** 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.

FAQ

What insider transaction did CAL President & CEO John W. Schmidt report?

John W. Schmidt reported a Form 4 transaction in which 14,693 shares of Caleres common stock were disposed of on 01/13/2026 in a transaction coded "F," indicating shares withheld for taxes or similar obligations on equity awards.

At what price were the 14,693 CAL shares reported on the Form 4?

The 14,693 Caleres common shares in the reported transaction were valued at $13.94 per share on the transaction date of 01/13/2026.

How many CAL shares does the CEO directly own after this Form 4 transaction?

Following the reported transaction, John W. Schmidt directly beneficially owned 438,787 shares of Caleres common stock.

What indirect Caleres (CAL) shareholdings are disclosed for the CEO?

The filing discloses 2,500 Caleres shares held indirectly by his spouse and 6,019 shares held through an indirect 401(k) plan position.

What does transaction code "F" indicate in this CAL Form 4?

Transaction code "F" on Form 4 generally indicates that shares were withheld by the issuer to satisfy tax withholding or similar obligations arising from equity compensation, rather than an open-market sale.

Is this CAL Form 4 filed by more than one reporting person?

No. The Form 4 is indicated as filed by one reporting person, John W. Schmidt, who is both a director and the President & CEO of Caleres.