Caleres (CAL) director Lori Greeley receives 12,196 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Greeley Lori reported acquisition or exercise transactions in this Form 4 filing.
CALERES INC director Lori Greeley received a grant of 12,196 restricted stock units, each tied to one share of common stock. The grant is valued at $13.12 per unit based on the reported fair market value.
The units vest only if she continues serving as a director through the next annual shareholder meeting. They will be settled in shares of CALERES common stock when her board service ends or on another date she elects. This filing reflects a compensation-related equity award, with no share sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greeley Lori
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,196 | $13.12 | $160K |
Holdings After Transaction:
Restricted Stock Units — 12,196 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company. Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.
Key Figures
RSU grant size: 12,196 units
Fair market value per unit: $13.12 per unit
Underlying common shares: 12,196 shares
+1 more
4 metrics
RSU grant size
12,196 units
Restricted stock units granted to director on June 8, 2026
Fair market value per unit
$13.12 per unit
Reported fair market value used for RSU grant
Underlying common shares
12,196 shares
Common stock underlying the RSU award
RSUs after transaction
12,196 units
Total restricted stock units held following the grant
Key Terms
Restricted Stock Units, contingent right, fair market value, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company."
fair market value financial
"Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting financial
"Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders."
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.
FAQ
What did CAL (Caleres Inc) director Lori Greeley report in this Form 4?
Director Lori Greeley reported receiving 12,196 restricted stock units as an equity award. Each unit represents the fair market value of one CALERES common share and is part of her compensation, with no open-market share purchases or sales disclosed.
How many restricted stock units did Lori Greeley receive from CAL (Caleres Inc)?
Lori Greeley received 12,196 restricted stock units from CALERES Inc. These units correspond to 12,196 underlying common shares and reflect a stock-based compensation grant rather than an open-market transaction in CAL shares.
What are the vesting conditions on Lori Greeley’s CAL restricted stock units?
The restricted stock units vest only if Lori Greeley continues as a CALERES director through the next annual shareholder meeting. Vesting is contingent on ongoing board service, aligning her compensation with continued governance responsibilities at the company.
Did Lori Greeley buy or sell CAL common stock in the market in this filing?
No market purchases or sales of CAL common stock are reported. The Form 4 shows a grant of restricted stock units as compensation, not an open-market trade, and her total derivative holdings after the grant are 12,196 RSUs.
What is the reported fair market value per unit for Lori Greeley’s CAL RSU grant?
The restricted stock unit grant uses a reported fair market value of $13.12 per unit. Each RSU represents the fair market value of one CALERES common share, providing stock-based compensation tied directly to the company’s share price.