Form 4: Caleres Inc. Executive Sells Shares on March 25, 2024
SEC Form 4 Filing
Mark A. Schmitt, SVP, Chief Logistics Officer of Caleres Inc., sold 18,373 shares of common stock at $41.0089 per share on March 25, 2024.
Summary
- On March 25, 2024, Mark A. Schmitt, the SVP, Chief Logistics Officer of Caleres Inc. (CAL), sold 18,373 shares of the company's common stock.
- The sale price was $41.0089 per share.
- Following the transaction, Schmitt directly owns 50,847 shares of Caleres Inc.
- Schmitt also indirectly owns 2,730 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of an executive selling shares, which doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their potential impact on investor sentiment.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder confidence, but is unlikely to be significant on its own.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of the transaction: Mark A. Schmitt sold shares of Caleres Inc. |
| 04/04/2024 | Date of signature on the Form 4 filing. |
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