Form 4: Caleres Inc. Executive Daniel R. Freidman Reports Stock Disposals

Daniel R. Freidman, Chief Sourcing Officer of Caleres Inc., reports the disposal of common stock to cover tax obligations.

Summary

• Daniel R. Freidman, Chief Sourcing Officer of Caleres Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 16, 2025, Freidman disposed of 2,165 shares of common stock at a price of $15.41.
• On March 17, 2025, Freidman disposed of 1,982 shares of common stock at a price of $16.1.
• These transactions were likely to cover tax obligations related to vesting of stock.
• Following these transactions, Freidman directly owns 60,020 shares of Caleres Inc. common stock.
• Freidman also indirectly owns 7,148 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions are likely routine, resulting in a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock disposals by a company executive could be perceived negatively by some shareholders, although the amounts are relatively small.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Caleres Inc., Freidman, Insider Trading