Form 4: Caleres Inc. Executive Chair Diane M. Sullivan Reports Changes in Beneficial Ownership
SEC Form 4
Diane M. Sullivan, Executive Chair of Caleres Inc., reports changes in beneficial ownership of company stock following a transaction on March 17, 2025.
Summary
- On March 17, 2025, Diane M. Sullivan, the Executive Chair of Caleres Inc., reported a transaction involving common stock.
- The transaction involved the disposal of 48,818 shares at a price of $16.1 per share.
- Following the transaction, Sullivan directly owns 101,631 shares of common stock.
- Sullivan also indirectly owns 110,236 shares through a trust and 11,089 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership. It doesn't inherently convey 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. It doesn't necessarily reflect a broader trend in the apparel or footwear industry.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, depending on their interpretation of the insider's stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the stock transaction. |
| 03/19/2025 | Date of signature by Thomas C. Burke, Attorney in Fact. |
Keywords
beneficial ownership, Form 4, Caleres Inc, stock transaction, Diane M. Sullivan, executive chair
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