Daniel R. Freidman - 08 Apr 2024 Form 4 Insider Report for CALERES INC (CAL)

Signature
Todd E. Hasty, Attny In Fact for Daniel R Friedman
Issuer symbol
CAL
Transactions as of
08 Apr 2024
Net transactions value
-$555,000
Form type
4
Filing time
10 Apr 2024, 16:43:19 UTC
Previous filing
25 Mar 2024
Next filing
19 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAL Common Stock Sale $555,000 -15,000 -19% $37.00 64,167 08 Apr 2024 Direct F1
holding CAL Common Stock 6,767 08 Apr 2024 Indirect holding through 401 (k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2023.