Schmidt John W 4

What Happened John W. Schmidt, President & CEO and a director of Caleres (CAL), was granted 190,549 restricted shares on 2026-06-08. The shares were recorded at $0.00 per share (award/grant), total value shown as $0 on the Form 4 because this is a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely filing).
• Transaction type/code: Award/Grant (A); price reported: $0.00 per share; total reported value: $0.
• Quantity: 190,549 restricted shares granted.
• Vesting: 50% vests after 2 years and 50% vests after 3 years (footnote).
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1, sale, exercise, or tax-withholding noted in the provided transaction details.

Context This was a compensation grant (restricted stock) rather than a market purchase or sale. Restricted stock awards are common for executive compensation and are tied to service/vesting schedules; they do not necessarily indicate the insider bought or sold shares on the open market.