Form 4: Caleres Inc. Executive Jack Calandra Reports Stock Disposal

Jack Calandra, SVP and CFO of Caleres Inc., reports disposing of 4,807 shares of common stock to cover tax obligations.

Summary

• On March 16, 2025, Jack Calandra, the SVP and Chief Financial Officer of Caleres Inc., reported a transaction involving the company's common stock.
• Calandra disposed of 4,807 shares of common stock at a price of $15.41 per share.
• This transaction was to cover tax obligations.
• Following the transaction, Calandra directly owns 41,269 shares of Caleres Inc. common stock.
• Calandra also has an indirect holding of 140 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions by an executive. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It doesn't necessarily indicate a change in the company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.

Key Dates

Keywords

Caleres Inc, Jack Calandra, Form 4, Stock Disposal, Insider Trading, SVP, CFO, Common Stock, Tax Obligations, 401(k)