STOCK TITAN

Caleres (CAL) director Lori Greeley receives 12,196 restricted stock units as equity pay

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
annual meeting of shareholders 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."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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SEC Form 4
FORM 4UNITED 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*
Greeley Lori

(Last)(First)(Middle)
8300 MARYLAND AVENUE

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/08/2026A12,196 (2) (2)Common Stock12,196$13.1212,196D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.
2. 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.
Becky Helvey, Attny In Fact for Lori Greeley06/10/2026
** Signature of Reporting PersonDate
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)

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.

When will Lori Greeley’s CAL (Caleres Inc) RSUs be settled into shares?

The RSUs will be settled in CALERES common stock when Lori Greeley’s board service terminates, or on another date she elects. Settlement occurs in actual shares, delivering the fair market value of the underlying stock at that time.

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.