WEAVER WAYNE J 4

What Happened

• Wayne J. Weaver, a reported 10% owner of Shoe Carnival, received a grant of 6,007 unrestricted shares on June 10, 2026 (transaction code A).
• As part of the grant, 1,600 shares were withheld to cover income/payroll taxes and were disposed at $16.65 per share, generating $26,640 (transaction code F).
• Net shares added to Weaver’s position: 6,007 granted − 1,600 withheld = 4,407 shares. At the $16.65 withholding price, the full 6,007 grant was roughly worth $100,017.

Key Details

• Transaction dates: grant and withholding occurred on 2026-06-10; Form 4 filed 2026-06-11.
• Prices reported: grant recorded at $0.00 (typical for stock awards); withheld shares disposed at $16.65 each for $26,640 total.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares granted under Shoe Carnival’s Amended and Restated 2017 Equity Incentive Plan; F2 — 1,600 shares withheld to pay applicable income and payroll withholding taxes.
• Filing timeliness: filed the day after the transactions; no indication of a late filing in the report.

Context

• This was an equity award of unrestricted common stock, not an option exercise or open-market purchase/sale. The withholding of shares to cover taxes is a routine administrative step and not an independent sale decision.
• As a reported 10% owner, Weaver is a significant shareholder; these awards are part of compensation/equity plan distributions rather than a direct market signal from an executive buying or selling shares.