Shoe Carnival (SCVL) chairman discloses 166,666-share charitable gift of stock

Rhea-AI Filing Summary

Shoe Carnival director, 10% owner and chairman of the board J. Wayne Weaver reported an insider transaction involving the company’s common stock. On 12/12/2025, his spouse, Delores B. Weaver, gifted 166,666 shares of Shoe Carnival common stock at a reported price of $0.00, coded as a gift. The shares were transferred to a donor-advised charitable gift fund as part of her estate planning. The note explains that his spouse has no control over, cannot direct the disposition of, and has no pecuniary interest in the gifted shares. Following the reported transactions, the form lists 4,177,482 shares as directly owned and 4,499,846 shares as indirectly owned through his spouse.

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 WAYNE J

(Last) (First) (Middle)

1800 INNOVATION POINT 5TH FLOOR

(Street)

FORT MILL SC 29715

(City) (State) (Zip)

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

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. 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 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								4,177,482	D
COMMON STOCK	12/12/2025		G		166,666(1)	D	$0.00	4,499,846	I	By Spouse

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. 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: Patrick C. Edwards For: J. Wayne Weaver	12/16/2025
	** 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 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.

FAQ

What insider transaction did Shoe Carnival (SCVL) report in this Form 4?

The filing reports that insider J. Wayne Weaver, a director, 10% owner and chairman of Shoe Carnival, disclosed a gift transaction involving the company’s common stock on 12/12/2025.

How many Shoe Carnival (SCVL) shares were gifted and at what price?

The transaction shows a gift of 166,666 shares of Shoe Carnival common stock at a reported price of $0.00, reflecting a charitable transfer rather than a market sale.

Who made the gift of Shoe Carnival shares and to whom were they transferred?

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.

What does the filing say about the spouse’s interest in the gifted Shoe Carnival (SCVL) shares?

The explanation states that the reporting person’s spouse has no control over the gifted shares, cannot direct their disposition by the charitable gift fund, and has no pecuniary interest in those shares.

How many Shoe Carnival shares does J. Wayne Weaver own after the reported transaction?

After the reported transaction, the form lists 4,177,482 shares of Shoe Carnival common stock as directly owned and 4,499,846 shares as indirectly owned through his spouse.

What is J. Wayne Weaver’s role at Shoe Carnival (SCVL)?

J. Wayne Weaver is identified as a Director, a 10% Owner, and an Officer of Shoe Carnival, serving as Chairman of the Board.