[Form 3] SHOE CARNIVAL INC Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

W. Kerry Jackson, serving as Executive Vice President and Chief Financial Officer and a director at Shoe Carnival Inc. (SCVL), filed an initial Form 3 reporting direct beneficial ownership of 150,489 shares of the company's common stock. The statement cites an event date of 09/28/2025, identifying the reporting person’s Fort Mill, SC address and role. This filing documents management ownership levels but contains no derivative holdings or other transactions.

Positive

• Initial disclosure filed for regulatory compliance, enhancing transparency
• EVP-CFO and director holds 150,489 shares, indicating direct management ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider disclosure showing meaningful direct share ownership by the EVP-CFO, neutral for immediate valuation impact.

The Form 3 documents that W. Kerry Jackson holds 150,489 shares directly, with no derivative positions reported. For investors, this is a standard Section 16 initial ownership disclosure rather than an active buy/sell signal. The holding size can be used to gauge management alignment with shareholders but does not itself change the company’s financials or capital structure.

Corporate Governance Expert

TL;DR: Initial beneficial-ownership filing by a senior officer and director, important for disclosure compliance and transparency.

The filing fulfills Section 16 reporting requirements and clarifies that the EVP-CFO is a direct holder of common stock. Absence of indirect or derivative holdings simplifies the ownership picture. This disclosure supports governance transparency but does not indicate any change in control, compensation structure, or related-party transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

JACKSON W KERRY

(Last) (First) (Middle)

1800 INNOVATION POINT

5TH FLOOR

(Street)

FORT MILL SC 29715

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/28/2025

3. Issuer Name and Ticker or Trading Symbol
SHOE CARNIVAL INC [ SCVL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	150,489	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	W. Kerry Jackson	10/01/2025
	** 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 5 (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.

FAQ

What did the Form 3 for SHOE CARNIVAL INC (SCVL) report?

The Form 3 reports that W. Kerry Jackson, EVP-CFO and director, directly owns 150,489 shares of common stock.

Does the Form 3 show any derivative or indirect holdings for SCVL?

No. The filing lists only direct ownership of common stock and reports no derivative or indirect beneficial ownership.

What role does the reporting person hold at Shoe Carnival (SCVL)?

The reporting person is listed as an Executive Vice President - Chief Financial Officer and a director of the company.

When is the event date referenced in the Form 3 for SCVL?

The Form 3 cites an event date of 09/28/2025 as the date requiring the statement.

Does this Form 3 indicate a change in control or major transaction at SCVL?

No. The filing documents existing beneficial ownership and does not disclose any change in control or material transaction.