JACKSON W KERRY 4

What Happened
Jackson W. Kerry, EVP & Chief Financial Officer of Shoe Carnival Inc. (SCVL), made open‑market purchases totaling 31,000 shares on April 2, 2026. The reported weighted average purchase price was $16.13 per share (total cost ≈ $500,030). This was a direct purchase (transaction code P), which retail investors often view as a more informative sign than routine sales.

Key Details

• Transaction date: April 2, 2026 (reported on Form 4 filed April 6, 2026). Filing appears timely (within the standard two business‑day window).
• Transaction type: Open‑market purchase (Code P).
• Shares acquired: 31,000.
• Price: Weighted average $16.13; individual trades ranged from $16.07 to $16.20 (Footnote F1).
• Total reported value: $500,030.
• Shares owned after transaction: Not specified in the information provided.
• Footnote F1: The $16.13 price is a weighted average; the reporting person will provide a per‑trade breakdown on request. No 10b5‑1 plan, option exercise, gift, or tax‑withholding noted in the supplied filing.

Context
This was a straightforward open‑market purchase by an executive (not an option exercise or award). Insider purchases can signal confidence but are only one data point; they do not guarantee future stock performance.