KLEIN WARD M 4

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.