Form 4: Caleres Inc. President & CEO John W. Schmidt Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John W. Schmidt, President & CEO of Caleres Inc., reports the disposition of shares to cover tax obligations.
Summary
- On March 16, 2025, John W. Schmidt disposed of 22,405 shares of Caleres Inc. common stock at a price of $15.41 per share.
- On March 17, 2025, Schmidt disposed of an additional 11,655 shares at $16.1 per share.
- Following these transactions, Schmidt directly owns 312,016 shares of common stock.
- Schmidt also indirectly owns 2,500 shares through a spouse and 5,837 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions by an insider, which is a routine occurrence.
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.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Disposition of 22,405 shares of common stock at $15.41 per share. |
| 03/17/2025 | Disposition of 11,655 shares of common stock at $16.1 per share. |
| 03/19/2025 | Date of signature by Thomas C. Burke, Attorney in Fact. |
Keywords
Caleres Inc, John W Schmidt, Beneficial Ownership, Form 4, SEC, Disposition of Shares, Insider Trading
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