KLEIN WARD M 4
Research Summary
AI-generated summary
Caleres (CAL) Director Ward M. Klein Receives 2,039-Share Award
What Happened
- Ward M. Klein, a director of Caleres, was granted 2,039 shares of Caleres common stock on January 31, 2026. The grant is reported at a per-share value of $12.26, totaling $24,998. The Form 4 classifies the transaction as an award/grant (code A) and the shares were issued in lieu of a quarterly cash board fee.
Key Details
- Transaction date: 2026-01-31; Price per share reported: $12.26; Total value: $24,998.
- Shares owned after the transaction: Not disclosed on this Form 4.
- Footnote: Shares were granted in lieu of a quarterly cash payment for services as a board member.
- Form 4 filed with the SEC on 2026-02-03; the filing does not indicate a late report.
Context
- This was a compensation award (stock issued instead of cash) to a board member — a routine corporate governance/compensation event rather than an open-market purchase or sale. Such grants are common and reflect how the company compensates directors; they do not necessarily signal the director’s personal view of the stock’s near-term prospects.