CALERES (CAL) SVP Kathleen Welter Sells 1,882 Shares for Tax Withholding

What Happened
Kathleen K. Welter, Senior Vice President and Chief Human Resources Officer of Caleres, disposed of 1,882 shares on 2026-09-08 to satisfy a tax withholding obligation. The shares were valued at $12.32 each, totaling approximately $23,186. This was a tax-withholding disposal (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-08; Filing date: 2026-09-09 (filed timely).
• Shares disposed: 1,882 at $12.32 per share; reported total ≈ $23,186.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not disclosed in the provided filing.
• No indication this was part of a 10b5-1 plan; transaction appears to be routine tax withholding.

Context
Code F transactions typically mean shares were withheld to cover taxes following option exercises or restricted stock vesting (a cashless-like settlement). These are administrative disposals to meet tax obligations and are generally not interpreted as a directional bet on the stock.