KLEIN WARD M 4
Research Summary
AI-generated summary
Caleres (CAL) Director Ward M. Klein Receives 1,889-Share Award
What Happened
- Ward M. Klein, a member of the Board of Directors of Caleres, received 1,889 shares of Caleres stock on May 2, 2026. The award was recorded at $13.23 per share, with a total reported value of $24,991. The transaction is coded as an A (award/grant/acquisition).
Key Details
- Transaction date: 2026-05-02; filing date: 2026-05-05.
- Price per share: $13.23; total value: $24,991.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were granted in lieu of a quarterly cash payment for services as a board member.
- Timeliness: filing date is listed as May 5, 2026; the report does not include a late-filing flag in the provided data.
Context
- This was a compensation award (grant in lieu of cash) rather than an open-market purchase or sale, so it reflects director compensation mechanics rather than a direct signal of the director buying or selling stock for investment reasons. Awards are common for board fees and do not necessarily indicate the insider’s personal market view.