Form 4: Shoe Carnival Insider Transaction Report

Delores B. Weaver reported a change in beneficial ownership of Shoe Carnival, Inc. common stock held by her spouse.

Summary

• Delores B. Weaver, a 10% owner of Shoe Carnival, Inc., reported a transaction involving her spouse's holdings.
• On June 10, 2026, 6,007 shares of common stock were acquired by her spouse as a grant.
• On the same date, 1,600 shares were withheld for tax purposes at a price of $16.65 per share.
• Following these transactions, the total beneficial ownership held indirectly by the spouse is 4,181,889 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing related to routine insider equity compensation.

Positives

• The transaction reflects standard equity incentive plan activity for a major shareholder's spouse.

Negatives

• None noted.

Risks

• Concentration of ownership risk remains as the reporting person maintains a significant stake in the company.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Industry Context

StockSavvy.ai notes that this filing is a routine regulatory disclosure regarding insider equity holdings and does not signal a change in company strategy or operational performance.

Comparison to Industry Standards

• The filing follows standard SEC reporting requirements for Section 16 insiders.
• The use of equity incentive plans for directors and major shareholders is consistent with industry practices for publicly traded retail companies.

Related Party Transactions

• The filing discloses transactions involving the spouse of a 10% owner.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity grant and tax withholding event.

Next Steps

• Continued monitoring of future Form 4 filings for changes in insider positions.

Key Dates

Keywords

Shoe Carnival, SCVL, Insider Trading, Form 4, Beneficial Ownership, Equity Incentive Plan