Form 4: Shoe Carnival Executive Carl N. Scibetta Reports Stock Transaction
SEC Form 4
Carl N. Scibetta, SEVP Chief Merchandise Officer of Shoe Carnival Inc., reports the disposal of 1,909 shares of common stock to cover tax obligations related to vesting restricted stock units on March 31, 2024.
Summary
- On March 31, 2024, Carl N. Scibetta, SEVP Chief Merchandise Officer of Shoe Carnival Inc. (SCVL), disposed of 1,909 shares of common stock.
- The transaction was executed to cover income and payroll withholding tax obligations related to the vesting of restricted stock units.
- The price per share was $36.64.
- Following the transaction, Scibetta directly owns 106,583 shares of Shoe Carnival Inc.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine transaction related to tax obligations and does not indicate a positive or negative sentiment towards the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock transaction: disposal of 1,909 shares. |
| 04/02/2024 | Date of signature on the report. |
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