Shoe Carnival's Largest Shareholder Strengthens Position with New Stock Grant
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
WEAVER DELORES B
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,306 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,353 | $18.85 | $26K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,178,835 shares (Indirect, by Spouse);
Common Stock — 4,833,178 shares (Direct)
Footnotes (1)
- 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. 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.
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).