Form 4: Caleres Inc. Executive Chair Diane Sullivan Reports Stock Sale

Diane Sullivan, Executive Chair of Caleres Inc., reports the sale of 6,299 shares of common stock at a weighted average price of $33.7776.

Summary

• Diane M. Sullivan, Executive Chair of Caleres Inc., filed a Form 4 with the SEC.
• The filing reports a sale of 6,299 shares of Caleres Inc. common stock on June 18, 2024.
• The shares were sold at a weighted average price of $33.7776.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 19, 2024.
• Following the transaction, Sullivan directly owns 167,517 shares and indirectly owns 110,236 shares through a trust and 10,575 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates