Shoe Carnival (SCVL) director awarded 6,007 restricted shares, now holds 43,779
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tomm Charles B. reported acquisition or exercise transactions in this Form 4 filing.
Shoe Carnival director Charles B. Tomm reported an equity grant and updated holdings. He received 6,007 shares of Common Stock as a restricted stock award at $0.00 per share, increasing his direct ownership to 43,779 shares. The award’s restrictions lapse on January 2, 2027. A separate entry shows 2,000 shares held indirectly by his spouse, reflecting indirect ownership rather than a new market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tomm Charles B.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,007 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,779 shares (Direct, null);
Common Stock — 2,000 shares (Indirect, by Spouse)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 6,007 shares
Grant price: $0.00 per share
Direct holdings after grant: 43,779 shares
+3 more
6 metrics
Restricted stock award
6,007 shares
Grant of Common Stock at $0.00 per share
Grant price
$0.00 per share
Price for 6,007-share restricted stock award
Direct holdings after grant
43,779 shares
Common Stock directly owned following acquisition
Indirect holdings by spouse
2,000 shares
Common Stock indirectly owned by spouse as a holding
Restriction lapse date
January 2, 2027
Vesting date for restricted stock award
Acquire transactions in filing
1 transaction
Grant, award, or other acquisition recorded
Key Terms
Restricted stock award, Grant, award, or other acquisition, Indirect ownership, Direct ownership, +1 more
5 terms
Restricted stock award financial
"Restricted stock award. Restrictions will lapse on 1/2/2027."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Indirect ownership financial
""ownership_type": "indirect""
Direct ownership financial
""ownership_type": "direct""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Charles B. Tomm report at SHOE CARNIVAL INC (SCVL)?
Charles B. Tomm reported receiving 6,007 shares of Shoe Carnival common stock as a restricted stock award. The grant was at $0.00 per share and reflects compensation, not an open-market purchase or sale.
What are the vesting terms of Charles B. Tomm’s restricted stock award at SCVL?
The restricted stock award to Charles B. Tomm vests when restrictions lapse on January 2, 2027. Until that date, the 6,007 granted shares remain restricted, meaning they are subject to specific conditions before becoming fully transferable.
Was the SHOE CARNIVAL (SCVL) insider transaction an open-market buy or sell?
The filing shows a grant of 6,007 restricted shares as compensation, coded as a grant or award acquisition. It is not an open-market buy or sell transaction and carries different implications than discretionary market trading activity.
How is the spouse’s SHOE CARNIVAL (SCVL) stock reported in this Form 4?
The Form 4 lists 2,000 Shoe Carnival shares as indirectly owned "by Spouse." This entry is categorized as a holding, indicating existing indirect ownership rather than a new acquisition or sale initiated on the transaction date.