Hill Willis 4

What Happened Hill Willis, Chief Information Officer of Caleres (CAL), disposed of 1,480 shares on 2026-03-21 at $10.95 per share, for a total value of $16,206. The Form 4 lists the disposition with transaction code F, indicating the shares were surrendered/used to satisfy tax withholding or exercise-price obligations tied to an equity award or option.

Key Details

• Transaction date: 2026-03-21
• Price per share: $10.95; Shares disposed: 1,480; Total value: $16,206
• Transaction code: F — payment of exercise price or tax liability (shares used to cover taxes)
• Shares owned after the transaction: Not specified in the provided filing
• Filing posted: 2026-03-24 reporting the 3/21 transaction; the filing itself does not indicate lateness

Context

• Code F transactions typically mean an insider surrendered or had shares withheld to pay taxes or the exercise price; this is a routine administrative action rather than an open-market sale signaling investment intent.
• Such withholding/surrender transactions are common after option exercises or vesting and should not be interpreted alone as a bullish or bearish signal.