Form 4: Caleres Inc. Executive Willis Hill Reports Stock Disposals
SEC Form 4 Filing
Willis Hill, Chief Information Officer of Caleres Inc., reports disposing of common stock to cover tax obligations.
Summary
- On March 17, 2024, Willis Hill, the Chief Information Officer of Caleres Inc., disposed of 2,714 shares of common stock at a price of $38.65 per share.
- On March 18, 2024, Hill disposed of an additional 1,765 shares of common stock at $38.86 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these transactions, Hill directly owns 40,765.111 shares of Caleres Inc.
- Hill also indirectly owns 3,322 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock disposals by an executive, which is neither particularly positive nor negative.
Industry Context
Executive stock disposals are a common occurrence and are often related to personal financial planning or tax obligations. The filing provides transparency into the transactions of company insiders.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Disposal of 2,714 shares of common stock at $38.65 per share. |
| 03/18/2024 | Disposal of 1,765 shares of common stock at $38.86 per share. |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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