Burke Thomas C 4

What Happened
Thomas C. Burke, Senior Vice President and General Counsel of Caleres (CAL), was issued 4,689 shares on March 12, 2026 pursuant to a performance share award. To cover tax withholding, 1,610 of those shares were surrendered/disposed at $9.52 per share for total proceeds of $15,327. The award shares were recorded as acquired at $0 (grant).

Key Details

• Transaction dates: March 12, 2026 (award and tax withholding); Form 4 filed March 16, 2026 (timely — within two business days).
• Award: 4,689 shares (code A — grant/award) reported as acquired at $0.
• Tax withholding: 1,610 shares (code F — payment of tax liability) disposed at $9.52 each, total $15,327.
• Shares owned after the transactions: Not disclosed in the provided filing.
• Footnote: F1 — issuance pursuant to a performance share award covering fiscal years 2023–2025, approved by the Committee for Culture, Compensation and People on March 12, 2026.

Context: This was a compensation-related issuance (performance shares) rather than a market purchase or voluntary sale. The disposal of 1,610 shares was a routine tax-withholding action tied to the award, which is common and not necessarily a signal about the insider’s view of the stock.