Caleres (CAL) SVP and General Counsel reports 1,812-share tax withholding

Rhea-AI Filing Summary

Caleres Inc. senior vice president and general counsel Thomas C. Burke reported a routine tax-related share transaction. On March 16, 2026, 1,812 shares of common stock were withheld at $9.25 per share to cover tax obligations associated with equity compensation, not an open-market sale.

After this withholding, Burke directly held 67,301 shares of Caleres common stock and indirectly held 8,542 shares through a 401(k) plan, indicating he retains a substantial equity position in the company.

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^*

Burke Thomas C

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		F		1,812	D	$9.25	67,301	D
Common Stock								8,542	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	03/18/2026
	** 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)

FAQ

What insider transaction did Caleres (CAL) report for Thomas C. Burke?

Caleres reported that Thomas C. Burke had 1,812 shares of common stock withheld at $9.25 per share to satisfy tax obligations related to equity compensation. This was a tax-withholding disposition, not an open-market purchase or sale of shares.

Was the Caleres (CAL) Thomas C. Burke Form 4 a stock sale?

The Form 4 does not show an open-market stock sale. Instead, 1,812 Caleres common shares were withheld at $9.25 per share to pay taxes on equity compensation, which is a routine administrative transaction rather than a discretionary trade in the market.

How many Caleres (CAL) shares does Thomas C. Burke hold after this Form 4?

After the reported transaction, Thomas C. Burke directly held 67,301 Caleres common shares and indirectly held 8,542 shares through a 401(k) plan. These post-transaction balances indicate a continuing, sizable equity interest in the company by the senior executive.

What does the F code mean in the Caleres (CAL) Thomas C. Burke Form 4?

The F transaction code indicates a tax-withholding disposition, where shares are delivered to cover tax liability or exercise costs. In this case, 1,812 Caleres common shares were withheld at $9.25 per share to satisfy Burke’s tax obligations on equity compensation.

Does the Caleres (CAL) Form 4 show any derivative exercises by Thomas C. Burke?

The data provided shows no derivative transactions or option exercises. It only records a non-derivative tax-withholding event involving 1,812 common shares and updates Burke’s direct and indirect share holdings following that administrative tax-related disposition.