[Form 4] SHOE CARNIVAL INC Insider Trading Activity

Rhea-AI Filing Summary

W. Kerry Jackson, EVP & CFO of Shoe Carnival, Inc. (SCVL), reported a non-derivative acquisition on Form 4. On 09/29/2025 he was awarded 20,000 restricted stock units (RSUs) issued as restricted stock units that carry the contingent right to receive the same number of common shares. The RSUs are scheduled to vest on 09/29/2028, subject to his continuous service through that date.

Following the reported award, Mr. Jackson beneficially owns 170,489 shares of Shoe Carnival common stock as a direct holder. The Form 4 was signed on 10/01/2025.

Positive

• 20,000 restricted stock units awarded on 09/29/2025
• Vesting date disclosed: 09/29/2028 (subject to continuous service)
• Post-transaction direct beneficial ownership disclosed as 170,489 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Executive received 20,000 RSUs that vest in three years; total direct beneficial ownership now 170,489 shares.

The filing documents a routine equity award to the companys EVP and CFO dated 09/29/2025 for 20,000 restricted stock units that convert to common shares upon vesting on 09/29/2028, contingent on continuous service. This increases the reporting person's direct beneficial ownership to 170,489 shares. The award is recorded at a price of $0.0, consistent with restricted unit grants rather than open-market purchases. For investors, this is a disclosure of insider compensation and shareholdings rather than an immediate market transaction.

Corporate Governance Expert

TL;DR: Filing records a time-based restricted stock unit grant to the CFO with a three-year vesting schedule.

The Form 4 describes issuance of 20,000 RSUs to W. Kerry Jackson on 09/29/2025 that vest on 09/29/2028 subject to continuous service. The document identifies the reporting person as an officer (EVP - CFO) and shows direct beneficial ownership of 170,489 shares after the award. This is a standard executive compensation disclosure required under Section 16 reporting rules and provides transparency on insider holdings and future dilution timing.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JACKSON W KERRY

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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	09/29/2025		A		20,000(1)	A	$0.0	170,489	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 September 29, 2028, subject to the reporting person's continuous service with the Company through such date.

	W. Kerry Jackson	10/01/2025
	** 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 did Shoe Carnival (SCVL) EVP & CFO W. Kerry Jackson report on Form 4?

He reported the acquisition of 20,000 restricted stock units (RSUs) on 09/29/2025 that vest on 09/29/2028 subject to continuous service.

How many shares does W. Kerry Jackson beneficially own after the reported transaction?

The Form 4 shows 170,489 shares of Shoe Carnival common stock beneficially owned following the reported transaction.

What is the execution and filing date shown on the Form 4 for this transaction?

The transaction date is 09/29/2025 and the Form 4 is signed by the reporting person on 10/01/2025.

Do the RSUs have an exercise price recorded on the Form 4?

The Form 4 records a price of $0.0, consistent with the issuance of restricted stock units rather than a purchase at market price.

What condition is attached to the RSU vesting?

The RSUs will vest on 09/29/2028 subject to the reporting persons continuous service with the company through that date.