Burke Thomas C 4

What Happened Thomas C. Burke, Senior Vice President and General Counsel of Caleres (CAL), was granted 21,037 restricted shares on June 8, 2026. The award was reported as an acquisition at $0.00 per share (total reported price $0) — this is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10.
• Transaction type: Award/Grant (code A); 21,037 shares acquired at $0.00 per share.
• Shares owned after transaction: not specified in the supplied filing summary.
• Vesting/footnote: Restricted stock vests 50% after 2 years and 50% after 3 years (per filing footnote F1).
• Filing timeliness: Form 4 was filed two days after the transaction date, which generally falls within the SEC’s two-business-day reporting window.

Context This grant is a standard restricted stock award used for executive compensation; it represents future compensation subject to vesting rather than an immediate market purchase. Such awards don’t indicate a buy/sell decision by the insider and only convert into freely tradable shares if and when vesting requirements are met.