Schmidt John W 4

What Happened John W. Schmidt, President & CEO (and director) of Caleres, had 14,196 shares disposed/withheld on March 21, 2026 to satisfy a tax or exercise-related liability. The shares were valued at $10.95 each, totaling approximately $155,446. This was a withholding event (not an open-market sale) tied to an exercise or vesting event and is generally considered a routine tax settlement rather than a directional bet on the stock.

Key Details

• Transaction date: 2026-03-21; price: $10.95 per share.
• Shares affected: 14,196; total value ≈ $155,446.
• Transaction code: F — payment of exercise price or tax liability by delivering or withholding securities.
• Shares owned after transaction: not specified in the provided filing.
• Filing date: 2026-03-24 (reporting appears timely; no late-filing indication in this summary).
• No 10b5-1 plan or additional plan details were disclosed in the information provided.

Context Code F transactions typically reflect tax withholding or cashless settlement following option exercises or restricted stock vesting. Because shares were withheld to satisfy tax obligations rather than sold on the open market, this is usually administrative and does not necessarily signal a judgment about company prospects.