Caleres (CAL) SVP and General Counsel reports 1,812-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Burke Thomas C
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,812 | $9.25 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,301 shares (Direct);
Common Stock — 8,542 shares (Indirect, Indirect holding through 401(k) Plan)
Footnotes (1)
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.
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.