Form 4: Caleres SVP Sells Shares in Open Market Transaction

Caleres SVP and General Counsel Thomas C. Burke reported the sale of 1,812 shares of common stock at $9.25 per share.

Summary

• Thomas C. Burke, SVP, General Counsel of Caleres Inc. (CAL), reported a transaction involving the company's common stock.
• On March 16, 2026, Burke disposed of 1,812 shares of Common Stock directly.
• The shares were sold at a price of $9.25 per share.
• Following this transaction, Burke directly owns 67,301 shares of Common Stock.
• Burke also holds 8,542 shares indirectly through a 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. A Form 4 simply reports an insider transaction, which is a standard disclosure and does not inherently convey positive or negative sentiment about the company's performance or prospects.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, such as this Form 4 filing, are routine disclosures required by the SEC. While they provide transparency into management's holdings and trading activity, they do not inherently indicate broader industry trends or competitive positioning without further context on the company's compensation structure or market conditions.

Stakeholder Impact

• Shareholders: Provides transparency on insider stock movements, which can influence investor sentiment regarding management's confidence in the company.

Key Dates

Keywords

Caleres, CAL, Thomas C. Burke, Insider Trading, Form 4, Stock Sale, Common Stock, SVP General Counsel