KLEIN WARD M 4
4 · CALERES INC · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Caleres (CAL) Director Ward M. Klein Receives 12,196 RSU Award
What Happened
Ward M. Klein, a director of Caleres, was granted 12,196 restricted stock units (RSUs) on June 8, 2026. The grant is reported as a derivative award (transaction code A) with a per-share reference price of $13.12, for a total reported value of $160,012. This was an equity compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely within the usual two-business-day reporting window).
- Grant: 12,196 RSUs; reference price shown $13.12; total value reported $160,012.
- Shares owned after transaction: not specified in the filing.
- Transaction type/code: Award/Grant (A); classified as a derivative equity interest.
- Footnotes: F1—each RSU represents a contingent right to receive the fair market value of one share; F2—vesting is contingent on continued service through the next annual meeting and RSUs will be settled in shares on director’s termination of service or on a date the director may elect.
Context
RSU grants are a common form of director compensation and do not represent a cash purchase or sale of stock by the director; they typically vest over time or contingent events. Because this is a compensation award, it should be viewed as part of standard governance/compensation practices rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-08$13.12/sh+12,196$160,012→ 12,196 total→ Common Stock (12,196 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.
- [F2]Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.