Form 4: Shoe Carnival Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Marc A. Chilton, SEVP-Chief Operating Officer of Shoe Carnival Inc., sold 7,348 shares of common stock on March 31, 2025, to cover income and payroll tax obligations related to vesting of restricted stock units and performance stock units.
Summary
- On March 31, 2025, Marc A. Chilton, the SEVP-Chief Operating Officer of Shoe Carnival Inc., disposed of 7,348 shares of common stock.
- The transaction was executed to satisfy income and payroll withholding tax obligations associated with the vesting of restricted stock units and performance stock units.
- The shares were sold at a price of $22 per share.
- Following the transaction, Chilton directly owns 66,792 shares of Shoe Carnival Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover tax obligations), so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand the sentiment of company executives regarding their own company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Marc A. Chilton disposed of 7,348 shares of common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock sale, executive compensation, SCVL, Shoe Carnival Inc., Marc A. Chilton
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