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Shoe Carnival (SCVL) director James A. Aschleman received a restricted stock award of 5,306 shares on June 25, 2025. The shares were acquired at $0.00 per share as part of director compensation.
Key details of the transaction:
- The restrictions on these shares will lapse on January 2, 2026
- Following this transaction, Aschleman directly owns 20,288 shares of Shoe Carnival common stock
- The Form 4 was filed by Patrick C. Edwards on behalf of Aschleman on June 27, 2025
This equity grant appears to be part of the company's regular director compensation program, demonstrating alignment between board member and shareholder interests through direct stock ownership.
Shoe Carnival (NASDAQ: SCVL) filed a Form 8-K to report the results of its 2025 Annual Meeting held on 25 June 2025. Shareholders re-elected directors James A. Aschleman (97.6% support), Andrea R. Guthrie (91.7%) and Clifton E. Sifford (97.4%). The advisory vote on executive compensation passed with 90.6% approval, and Deloitte & Touche LLP was ratified as independent auditor with 98.7% support. No other material actions or corporate changes were disclosed.