Karpel Daniel L 4

What Happened Daniel L. Karpel, Chief Financial Officer of Caleres, was granted two awards of restricted common stock on June 8, 2026 (transaction code A). The grants totaled 26,677 shares — 15,244 shares and 11,433 shares — at an acquisition price of $0.00 (total cash paid $0). These are compensation awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-10).
• Grant details: 15,244 shares (A) and 11,433 shares (A); price reported $0.00 for each grant.
• Total shares awarded: 26,677.
• Shares owned after the transaction: not specified in the filing.
• Vesting footnotes: one grant vests 50% after 2 years and 50% after 3 years (F1); the other vests one‑third each year (F2).
• Timeliness: filing appears timely (transaction 6/8/2026; Form 4 filed 6/10/2026).

Context These awards are restricted stock grants used as executive compensation and generally vest over multiple years, meaning shares may be forfeited if employment ends before vesting. Such awards differ from open‑market purchases or sales and should be viewed as compensation events rather than direct signals of buy/sell intent.