Shoe Carnival (SCVL) awards 112,220 restricted units to interim CEO

Rhea-AI Filing Summary

Shoe Carnival, Inc. granted 112,220 restricted stock units of its common stock to Clifton E. Sifford, its vice chair and interim president & CEO. The units were awarded at a stated price of $0.00 per unit as a compensation grant.

The restricted stock units represent the right to receive an equivalent number of Shoe Carnival common shares and will vest on March 31, 2027, subject to Sifford’s continuous service with the company through that date. After this grant, he directly holds 412,019 shares, which include 142 additional shares acquired through dividend reinvestment under the Employee Stock Purchase Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SIFFORD CLIFTON E

Role VICE CHAIR, INTERIM PRES & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	112,220	$0.00	--

Holdings After Transaction: Common Stock — 412,019 shares (Direct)

Footnotes (1)

1. Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). These restricted stock units will vest on March 31, 2027, subject to the reporting person's continuous service with the Company through such date. Includes 142 additional shares purchased by the reporting person through dividend reinvestment pursuant to the Company's Employee Stock Purchase Plan.

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^*

SIFFORD CLIFTON E

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	VICE CHAIR, INTERIM PRES & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/03/2026		A		112,220(1)	A	$0.0	412,019(2)	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. Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). These restricted stock units will vest on March 31, 2027, subject to the reporting person's continuous service with the Company through such date.

2. Includes 142 additional shares purchased by the reporting person through dividend reinvestment pursuant to the Company's Employee Stock Purchase Plan.

	By: Patrick C. Edwards For: Clifton E. Sifford	03/05/2026
	** 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.

FAQ

What did Shoe Carnival (SCVL) grant to Clifton E. Sifford in this Form 4?

Shoe Carnival granted 112,220 restricted stock units of common stock to Clifton E. Sifford as a compensation award. Each unit represents the right to receive one share of common stock, subject to vesting conditions tied to his continued service with the company.

When do Clifton E. Sifford’s new restricted stock units in SCVL vest?

The restricted stock units granted to Clifton E. Sifford vest on March 31, 2027. Vesting is contingent on his continuous service with Shoe Carnival through that date, meaning he must remain with the company until then to receive the underlying common shares.

How many Shoe Carnival (SCVL) shares does Clifton E. Sifford own after this transaction?

After the grant, Clifton E. Sifford directly holds 412,019 shares of Shoe Carnival common stock. This total includes 142 additional shares that were purchased for him through dividend reinvestment under the company’s Employee Stock Purchase Plan.

What is the nature of the equity award reported for SCVL’s interim CEO?

The award consists of restricted stock units, giving a contingent right to receive an equal number of Shoe Carnival common shares. These units were granted at a stated price of $0.00 per unit and will vest only if service-based conditions are satisfied by March 31, 2027.

Does the Form 4 for SCVL show a stock purchase or sale by Clifton E. Sifford?

The Form 4 reports an acquisition through a grant of 112,220 restricted stock units, not an open-market purchase or sale. The units are a compensation-based award that vests over time rather than an immediate cash transaction in the company’s stock.

How were additional SCVL shares acquired through dividend reinvestment?

The filing notes that 142 additional shares were purchased through dividend reinvestment under Shoe Carnival’s Employee Stock Purchase Plan. Dividend amounts were automatically used to buy more common shares, increasing Clifton E. Sifford’s direct holdings without a separate cash purchase transaction.