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Shoe Station Group Inc (SCVL) insider reports 166,666-share charitable gift transfer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shoe Station Group Inc director and chairman Wayne J. Weaver reported a charitable transfer of family shares. His spouse, Delores B. Weaver, made a bona fide gift of 166,666 shares of Common Stock to a donor‑advised charitable gift fund as part of her estate planning. After the transactions, Wayne J. Weaver holds 4,181,889 shares directly and 4,166,514 shares indirectly through his spouse, while his spouse retains no pecuniary interest or control over the gifted shares.

Positive

  • None.

Negative

  • None.
Insider WEAVER WAYNE J
Role CHAIRMAN OF THE BOARD
Type Security Shares Price Value
Gift Common Stock 166,666 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 4,166,514 shares (Indirect, by Spouse); Common Stock — 4,181,889 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares gifted 166,666 shares Bona fide gift of Common Stock by spouse
Gift price per share $0.0000 per share Stated value for the charitable gift transaction
Direct holdings after transaction 4,181,889 shares Common Stock held directly by Wayne J. Weaver
Indirect holdings after transaction 4,166,514 shares Common Stock held indirectly through spouse
Gift transactions count 1 transaction Single bona fide gift reported in summary data
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 166,666-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised charitable gift fund financial
"shares were gifted by Delores B. Weaver ... to a donor-advised charitable gift fund"
pecuniary interest financial
"has no pecuniary interest in the gifted shares"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
WEAVER WAYNE J
(Last)(First)(Middle)
1800 INNOVATION POINT
5TH FLOOR
(Street)
FORT MILL SOUTH CAROLINA 29715
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
SHOE STATION GROUP INC [ SHOE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CHAIRMAN OF THE BOARD
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026G166,666(1)D$0.04,166,514Iby Spouse
Common Stock4,181,889D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were gifted by Delores B. Weaver, the reporting person's spouse, to a donor-advised charitable gift fund as part of her estate planning. The reporting person's spouse has no control over, and cannot direct the disposition of, the gifted shares by the charitable gift fund and has no pecuniary interest in the gifted shares.
By: Andrew A. Gerber For: J. Wayne Weaver06/22/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Shoe Station Group Inc (SCVL) report in this Form 4?

The filing reports a charitable gift of 166,666 shares of Common Stock by Delores B. Weaver, spouse of chairman Wayne J. Weaver, to a donor-advised charitable gift fund as part of her estate planning.

Who is the reporting person in the Shoe Station Group Inc (SCVL) Form 4?

The reporting person is Wayne J. Weaver, chairman of the board, director, and a more-than-10% owner of Shoe Station Group Inc, who reported indirect disposition of shares via his spouse’s bona fide charitable gift.

How many Shoe Station Group Inc (SCVL) shares were gifted in the reported transaction?

A total of 166,666 shares of Shoe Station Group Inc Common Stock were transferred as a bona fide gift to a donor-advised charitable gift fund, with the transaction coded as a gift (Code G) at a stated price of $0.0000 per share.

What are Wayne J. Weaver’s Shoe Station Group Inc (SCVL) holdings after the gift?

Following the reported transactions, Wayne J. Weaver holds 4,181,889 shares of Shoe Station Group Inc Common Stock directly and 4,166,514 shares indirectly through his spouse, according to the post-transaction ownership figures in the Form 4.

Does Delores B. Weaver retain an interest in the gifted Shoe Station Group Inc (SCVL) shares?

According to the footnote, Delores B. Weaver has no control over, cannot direct the disposition of, and has no pecuniary interest in the 166,666 Shoe Station Group Inc shares gifted to the donor-advised charitable gift fund.