Form 4: Caleres Inc. Executive Thomas C Burke Reports Changes in Beneficial Ownership

Thomas C Burke, SVP, General Counsel of Caleres Inc., reports the disposal of common stock to cover tax obligations, resulting in adjustments to his direct and indirect holdings.

Summary

• On March 16, 2025, Thomas C Burke disposed of 1,871 shares of Caleres Inc. common stock at a price of $15.41 per share to cover tax obligations.
• On March 17, 2025, Burke disposed of an additional 1,440 shares at $16.1 per share for the same reason.
• Following these transactions, Burke directly owns 51,307 shares of Caleres Inc. common stock.
• Burke also indirectly owns 8,107 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, as it simply reflects transactions made by an insider.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

Keywords

Form 4, Beneficial Ownership, Caleres Inc, CAL, Thomas C Burke, Insider Trading, SEC Filing, Stock Disposal