WEAVER WAYNE J 4

What Happened

• Wayne J. Weaver, reported as a 10% owner of Shoe Carnival, Inc. (SCVL), disposed of 166,666 shares on April 10, 2026 via a gift (transaction code G). The reported price is $0.00 and no proceeds were received by the reporting person.

Key Details

• Transaction date: April 10, 2026; Form 4 filed April 14, 2026 (timely filing).
• Shares transferred: 166,666; reported as a gift (G); price per share reported $0.00.
• Shares owned after transaction: not specified in the disclosed filing.
• Footnote: The shares were gifted by Delores B. Weaver (the reporting person’s spouse) to a donor-advised charitable gift fund as part of her estate planning. The spouse has no control over the fund, cannot direct disposition of the gifted shares, and has no pecuniary interest in them.
• Insider status: Wayne J. Weaver is a 10% owner (not an executive trading on company operations).

Context

• Gifts are non-sale transfers and do not indicate the reporting person's market view of the company; they are often estate-planning or philanthropic actions.
• For 10% owners, such transfers can reflect family/estate planning rather than trading based on company prospects.