LANGENSTEIN MOLLY 4

What Happened Molly Langenstein, a director of Caleres, received an award of 2,039 shares of CAL stock on January 31, 2026. The grant was recorded at $12.26 per share for a total value of $24,998. This was an award granted in lieu of a quarterly cash board fee—not a market purchase or sale.

Key Details

• Transaction date and price: 2026-01-31; 2,039 shares at $12.26 per share (total $24,998).
• Transaction type: Award/Grant (code A) — shares acquired, not purchased on the open market.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 — shares were granted in lieu of a quarterly cash payment for services as a board member.
• Filing timeliness: Form 4 was filed 2026-02-03; the filing appears to be timely under the two-business-day rule.

Context Awards issued in lieu of cash are a routine form of director compensation and do not necessarily indicate a change in the director’s market view. The grant value (~$25k) is modest and should be viewed as compensation rather than a directional insider buy signal.