Form 4: Caleres Inc. Executive Jennifer Olsen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jennifer Olsen, Chief Marketing Officer of Caleres Inc., reports the disposition of 3,375 shares of common stock to cover tax obligations, while still holding 29,097 shares directly and 570 shares indirectly through a 401(k) plan.
Summary
- On March 17, 2024, Jennifer Olsen, the Chief Marketing Officer of Caleres Inc., engaged in a transaction involving the company's common stock.
- Olsen disposed of 3,375 shares of common stock at a price of $38.65 per share.
- This disposition was likely to cover tax obligations related to vesting equity.
- Following the transaction, Olsen directly owns 29,097 shares of Caleres Inc.
- Olsen also indirectly owns 570 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Date of stock transaction (disposal of shares). |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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