Form 4: Director Andrea R. Guthrie Receives Restricted Stock Award
Statement of Changes in Beneficial Ownership
Shoe Carnival, Inc. director Andrea R. Guthrie was granted 6,007 shares of restricted common stock as part of a compensation award.
Summary
- Director Andrea R. Guthrie acquired 6,007 shares of Shoe Carnival, Inc. (SCVL) common stock.
- The transaction occurred on June 10, 2026.
- The shares were granted as a restricted stock award with a zero-dollar purchase price.
- Restrictions on these shares are scheduled to lapse on January 2, 2027.
- Following this transaction, the director's total beneficial ownership stands at 30,412 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing reflecting standard director compensation.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Increase in total beneficial ownership by the director.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- None identified; this is a routine administrative filing regarding director compensation.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that equity grants to board members are a standard corporate governance practice in the retail sector to ensure long-term alignment between leadership and shareholder value.
Comparison to Industry Standards
- The grant of restricted stock to directors is consistent with standard compensation practices for publicly traded companies in the retail industry.
- The vesting period ending January 2027 is typical for director equity retention programs.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director Andrea R. Guthrie executed a Power of Attorney authorizing specific company officers to file SEC reports on her behalf. | 06/10/2026 | Standard administrative procedure to ensure timely compliance with SEC reporting requirements. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Lapse of restrictions on the 6,007 shares on January 2, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the restricted stock award transaction. |
| 06/11/2026 | Date the Form 4 was signed and filed. |
| 01/02/2027 | Date on which restrictions on the awarded shares will lapse. |
Keywords
Shoe Carnival, SCVL, Form 4, Insider Trading, Restricted Stock, Director Compensation
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