Freidman Daniel R 4

What Happened

• Daniel R. Friedman, Chief Sourcing Officer of Caleres, had 1,346 shares disposed (withheld) to satisfy tax withholding obligations related to an equity transaction. The shares were valued at $10.95 each, for a total of $14,739. This was a tax-withholding disposition (transaction code F), not an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-03-21
• Filing date (Form 4): 2026-03-24 (Accession: 0000014707-26-000045)
• Shares withheld/disposed: 1,346 at $10.95 per share — total value $14,739
• Transaction code: F (payment of exercise price or tax liability / shares withheld for taxes)
• Shares owned after the transaction: Not reported in the provided filing excerpt
• Notable footnote: This is a withholding to cover tax obligations (routine administrative action), not a directional trade

Context

• Code F typically indicates shares were retained by the company or broker to cover tax withholding after an equity award vesting or option exercise. This is a common, routine action and does not necessarily indicate the insider's view of the company’s stock.
• For investors tracking insider activity, outright purchases or open-market sales tend to carry clearer signals than tax-withholding disposals.