Form 4: Caleres Inc. CEO John W. Schmidt Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John W. Schmidt, President & CEO of Caleres Inc., reports acquisition and disposal of common stock, along with holdings of derivative securities.
Summary
- On March 21, 2024, John W. Schmidt, the President & CEO of Caleres Inc., reported changes in his beneficial ownership of the company's stock.
- Schmidt acquired 54,812 shares of common stock at $0, and disposed of an unspecified amount of shares.
- Following the reported transactions, Schmidt directly owns 374,103 shares of Caleres Inc.
- He also indirectly owns 2,500 shares through his spouse and 5,496 shares through a 401(k) plan.
- The report also mentions restricted stock that vests 50% after 2 years and 50% after 3 years.
Sentiment
Score: 5
Explanation: This is a standard SEC filing related to stock transactions by an insider, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stake in the company.
- It assures stakeholders that the CEO's interests are aligned with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of earliest transaction reported. |
| 03/25/2024 | Date of signature by attorney in fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.