Shoe Carnival (SCVL) major holder reports spouse stock grant and tax withholding

Rhea-AI Filing Summary

Shoe Carnival Inc. major holder Delores B. Weaver reported compensation-related share activity involving her spouse’s holdings. On June 10, 2026, her spouse received a grant of 6,007 shares of unrestricted common stock under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan. From this grant, 1,600 shares were withheld to cover applicable income and payroll taxes, a tax-withholding disposition rather than an open-market sale. Following these transactions, Weaver reports 4,333,180 shares held directly and 4,183,489 shares held indirectly through her spouse, indicating that the net effect is a small increase in the family’s overall indirect ownership.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider WEAVER DELORES B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,007	$0.00	--
Tax Withholding	Common Stock	1,600	$16.65	$27K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,183,489 shares (Indirect, by Spouse); Common Stock — 4,333,180 shares (Direct, null)

Footnotes (1)

1. Shares of unrestricted common stock granted to the reporting person's spouse on June 10, 2026, under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan. Represents shares withheld from the June 10, 2026 grant of unrestricted common stock to the reporting person's spouse for the payment of applicable income and payroll withholding taxes.

Key Figures

Spouse stock grant: 6,007 shares Shares withheld for taxes: 1,600 shares at $16.65 Direct holdings after transactions: 4,333,180 shares +2 more

5 metrics

Spouse stock grant 6,007 shares Unrestricted common stock granted on June 10, 2026

Shares withheld for taxes 1,600 shares at $16.65 Tax-withholding disposition from June 10, 2026 grant

Direct holdings after transactions 4,333,180 shares Common stock held directly after June 10, 2026 entry

Indirect holdings after transactions 4,183,489 shares Common stock held indirectly by spouse after grant and withholding

Tax-withholding shares count 1,600 shares Reported as payment of income and payroll withholding taxes

Key Terms

unrestricted common stock, tax-withholding disposition, Equity Incentive Plan

3 terms

unrestricted common stock financial

"Shares of unrestricted common stock granted to the reporting person's spouse"

tax-withholding disposition financial

"Represents shares withheld ... for the payment of applicable income and payroll withholding taxes"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Equity Incentive Plan financial

"under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

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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^*

WEAVER DELORES B

(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 CARNIVAL INC [ SCVL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		A		6,007(1)	A	$0.0	4,183,489	I	by Spouse
Common Stock	06/10/2026		F		1,600(2)	D	$16.65	4,181,889	I	by Spouse
Common Stock								4,333,180	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. Shares of unrestricted common stock granted to the reporting person's spouse on June 10, 2026, under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan.

2. Represents shares withheld from the June 10, 2026 grant of unrestricted common stock to the reporting person's spouse for the payment of applicable income and payroll withholding taxes.

	By: Patrick C. Edwards For: Delores B. Weaver	06/11/2026
	** 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 insider transactions did Delores B. Weaver report for SCVL on June 10, 2026?

Delores B. Weaver reported a grant of 6,007 shares of unrestricted common stock to her spouse and a withholding of 1,600 shares for taxes. These entries are compensation-related, not open-market trades, and adjust her family’s reported indirect ownership in Shoe Carnival.

How many Shoe Carnival (SCVL) shares were granted to the insider’s spouse?

The filing shows a grant of 6,007 shares of unrestricted common stock to the reporting person’s spouse. The grant was made under the Shoe Carnival, Inc. Amended and Restated 2017 Equity Incentive Plan, reflecting equity-based compensation awarded in stock rather than through a market purchase.

Why were 1,600 SCVL shares withheld in Delores B. Weaver’s Form 4?

The Form 4 states that 1,600 shares were withheld from the June 10, 2026 grant to pay applicable income and payroll withholding taxes. This tax-withholding disposition is a standard mechanism and does not represent an open-market sale or discretionary trading decision in Shoe Carnival shares.

What are Delores B. Weaver’s reported Shoe Carnival share holdings after these transactions?

After the June 10, 2026 transactions, Delores B. Weaver reports 4,333,180 shares of Shoe Carnival common stock held directly and 4,183,489 shares held indirectly by her spouse. These figures show a very large continuing ownership position in the company following the compensation-related grant and tax withholding.

Do the June 10, 2026 SCVL insider entries involve open-market buying or selling?

The reported entries reflect a grant of unrestricted common stock and shares withheld for taxes, not open-market buying or selling. The acquisition is classified as a grant or award, while the disposition is for tax withholding, so they primarily document compensation and related tax treatment, not trading activity.