Caleres (NYSE: CAL) divisional president awarded 21,037 restricted shares

Rhea-AI Filing Summary

Costello Brian P reported acquisition or exercise transactions in this Form 4 filing.

CALERES INC divisional president Brian P. Costello reported an equity award of 21,037 shares of common stock as compensation. The award is structured as restricted stock that vests 50% after 2 years and 50% after 3 years. Following this grant, Costello directly holds 45,641 common shares.

Insights

Equity compensation analyst

Routine time-vested stock grant increases executive equity stake.

Divisional president Brian P. Costello received 21,037 shares of restricted common stock in CALERES INC as a compensation grant. The shares were acquired at no cash cost to him and are classified as a non-derivative equity award.

The restricted stock vests 50% after 2 years and 50% after 3 years, encouraging medium-term retention and alignment with shareholders. After the grant, he holds 45,641 common shares directly, so this filing mainly updates his ownership profile without signaling open-market buying or selling.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Costello Brian P

Role Div President, Famous Footwear

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,037	$0.00	--

Holdings After Transaction: Common Stock — 45,641 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 21,037 shares Holdings after grant: 45,641 shares Vesting schedule first tranche: 50% +1 more

4 metrics

Restricted stock grant 21,037 shares Common stock award on 2026-06-08

Holdings after grant 45,641 shares Total common shares directly held after transaction

Vesting schedule first tranche 50% Restricted stock vests after 2 years

Vesting schedule second tranche 50% Restricted stock vests after 3 years

Key Terms

Restricted stock, Grant, award, or other acquisition, Common Stock, vesting

4 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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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^*

Costello Brian P

(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)
	Div President, Famous Footwear

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		A		21,037(1)	A	$0	45,641	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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

	Becky Helvey, Attny in Fact for Brian P Costello	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)

FAQ

What did CAL (Caleres Inc) executive Brian Costello report in this Form 4?

Brian P. Costello reported receiving 21,037 shares of CALERES INC common stock as a restricted stock grant. This is a compensation award, not an open-market purchase or sale, and increases his directly held stake to 45,641 shares.

Is Brian Costello’s CAL (Caleres Inc) Form 4 transaction a stock purchase or sale?

The transaction is an acquisition via grant, not a market trade. Costello received 21,037 restricted shares at no stated purchase price, classified as a grant or award rather than a buy or sell in the open market.

How does the restricted stock granted to CAL executive Brian Costello vest?

The restricted stock vests over time in two stages. According to the filing, 50% of the 21,037-share award vests after 2 years and the remaining 50% vests after 3 years, creating a multi-year retention incentive.

How many CAL (Caleres Inc) shares does Brian Costello own after this Form 4 grant?

After the reported grant, Brian P. Costello directly holds 45,641 shares of CALERES INC common stock. This total includes the newly awarded 21,037 restricted shares, which will vest over a 2- to 3-year period as specified.

What does transaction code “A” mean in Brian Costello’s CAL Form 4 filing?

Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of stock. In Costello’s case, it represents a restricted stock award of 21,037 shares, received as compensation rather than purchased in the market.