Shoe Carnival's Largest Shareholder Strengthens Position with New Stock Grant
Rhea-AI Filing Summary
Shoe Carnival insider trading activity report reveals significant transactions by major shareholder Delores B. Weaver on June 25, 2025. The filing details two key transactions:
- Acquisition of 5,306 unrestricted common stock shares at $0.00 through a grant under the Amended and Restated 2017 Equity Incentive Plan (indirect ownership through spouse)
- Disposition of 1,353 shares at $18.85 per share, withheld for income and payroll tax purposes
Following these transactions, Weaver's beneficial ownership stands at 4,177,482 shares held indirectly through spouse and 4,833,178 shares held directly. As a 10% owner of Shoe Carnival, these transactions demonstrate continued significant insider stake in the company. The transactions were executed through a tax-efficient stock grant structure, with shares withheld for tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,953 shares
Net Buy
3 txns
Insider
WEAVER DELORES B
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,306 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,353 | $18.85 | $26K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,177,482 shares (Indirect, by Spouse);
Common Stock — 4,833,178 shares (Direct)
Footnotes (2)
- F1. Shares of unrestricted common stock granted to the reporting person's spouse on June 25, 2025, under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan.
- F2. Represents shares withheld from the June 25, 2025 grant of unrestricted common stock to the reporting person's spouse for the payment of applicable income and payroll withholding taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Delores B. Weaver's relationship to Shoe Carnival (SCVL)?
According to the Form 4 filing, Delores B. Weaver is identified as a 10% Owner of Shoe Carnival Inc (SCVL).