Caleres (NYSE: CAL) SVP awarded 19,055 restricted shares as equity pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Welter Kathleen K reported acquisition or exercise transactions in this Form 4 filing.

Caleres Inc. senior vice president and Chief HR Officer Kathleen K. Welter received a grant of 19,055 shares of restricted common stock at no cash cost. The restricted stock vests 50% after 2 years and 50% after 3 years. Following this equity award, she directly holds 38,498 Caleres shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Welter Kathleen K

Role SVP, Chief HR Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19,055	$0.00	--

Holdings After Transaction: Common Stock — 38,498 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock grant: 19,055 shares Price per share for grant: $0.0000 per share Holdings after transaction: 38,498 shares +2 more

5 metrics

Restricted stock grant 19,055 shares Common Stock grant on 2026-06-08

Price per share for grant $0.0000 per share Reported grant price, compensation award

Holdings after transaction 38,498 shares Total directly owned after grant

Vesting first tranche 50% Restricted stock vests after 2 years

Vesting second tranche 50% Restricted stock vests after 3 years

Key Terms

restricted stock, Form 4, grant, award, or other acquisition, Common Stock, +1 more

5 terms

restricted stock financial

"Restricted stock vests 50% after 2 years and 50% after 3 years."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): transaction reported for Caleres Inc."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock for the insider transaction"

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.

vesting financial

"Restricted stock vests 50% after 2 years and 50% after 3 years."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

06/10/2026 - 05:06 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Welter Kathleen K

(Last)

(First)

(Middle)

8300 MARYLAND AVE.

(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, Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/08/2026		A		19,055⁽¹⁾	A	$0	38,498	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock vests 50% after 2 years and 50% after 3 years.

	Becky Helvey, Attny in Fact for Kathleen K Welter	06/10/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Caleres (CAL) report in this Form 4?

Caleres reported that executive Kathleen K. Welter received 19,055 shares of restricted common stock. This was a grant or award, not an open-market purchase, reflecting part of her equity-based compensation from the company.

Who is Kathleen K. Welter in relation to Caleres (CAL)?

Kathleen K. Welter is a senior vice president and Chief Human Resources Officer at Caleres Inc. Her Form 4 filing reflects equity compensation granted in the form of restricted stock, aligning her interests with the company’s long-term performance.

How many Caleres (CAL) shares were granted to the executive?

The executive received 19,055 shares of Caleres common stock as a grant. These shares are restricted stock, meaning they are subject to vesting conditions over time rather than being fully transferable immediately.

What is the vesting schedule for the Caleres (CAL) restricted stock grant?

The restricted stock vests 50% after 2 years and the remaining 50% after 3 years. This multi-year vesting schedule encourages executive retention and focuses incentives on Caleres’ longer-term business performance and shareholder value creation.

How many Caleres (CAL) shares does the executive hold after this grant?

After the restricted stock grant, Kathleen K. Welter directly holds 38,498 Caleres common shares. This updated total reflects her increased equity stake, which more closely ties her financial outcomes to the company’s future stock performance.

Was this Caleres (CAL) insider transaction an open-market buy or sell?

No, this was not an open-market buy or sell. The Form 4 shows a code “A” transaction, indicating a grant or award acquisition of 19,055 restricted shares as compensation, with a reported price per share of $0.0000.