LANGENSTEIN MOLLY 4

What Happened

• Molly Langenstein, a member of the board of directors of Caleres, Inc. (CAL), was granted 12,196 restricted shares on 2026-06-08. The reported acquisition price per share is $13.12, for a total reported value of $160,012. This was logged as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-08; Filing date: 2026-06-10 (filed two days after the transaction).
• Price per share reported: $13.12; Total reported value: $160,012.
• Shares acquired: 12,196 restricted shares.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Vesting of the restricted stock is contingent on Langenstein’s continued service as a director through the next annual meeting of shareholders.
• Filing timeliness: The Form 4 was filed within the typical two-business-day window (timely).

Context

• This was an award of restricted stock, which typically vests over time or upon meeting service conditions—here, contingent on continued board service—so these shares may be forfeited if the director leaves before vesting. Awards are compensation-related and do not necessarily indicate immediate buying or selling sentiment.