THORN BRUCE K 4

What Happened
Bruce K. Thorn, a director of Caleres, was granted 12,196 shares of restricted stock on June 8, 2026. The award is reported at a per-share price of $13.12, for a total reported value of $160,012. This was an award/grant (not an open-market purchase or sale) and therefore is a compensation/retention event rather than a trading signal.

Key Details

• Transaction type: Award/Grant of restricted stock (code A)
• Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (filed within standard reporting window)
• Shares granted: 12,196; reported price per share: $13.12; total value: $160,012
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Footnote: Vesting is contingent on Thorn's continued service as a director through the next annual meeting of shareholders (see footnote F1)
• No indication of tax withholding, immediate sale, 10b5-1 plan, or late filing in this filing excerpt

Context
Restricted stock awards are commonly used for director compensation and retention; they do not represent an open-market purchase or sale. The grant vests only if the director continues service through the next annual meeting, so the shares may be forfeited if Thorn leaves before that date. This filing is informational and does not, by itself, indicate the director’s market view of the company.