CAL · Caleres Inc · Insider Trading

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Each Stock Price Incentive Award share represents a contingent right to receive one share of Common Stock. The Stock Price Incentive Award vests in three tranches based upon the per share price of the Company's Common Stock reaching certain specified stock price levels for 20 consecutive trading days, with 50% vesting upon achievement of the first price level, 25% vesting upon achievement of the second price level and 25% vesting upon achievement of the third price level. Earned awards are payable in increments over a three-year performance period (fiscal year 2026 - 2028).

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.

Vesting of restricted stock is contingent on the Director's continued service as a director through the next annual meeting of shareholders.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Restricted stock vests 1/3 each year.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Vesting of restricted stock is contingent on the Director's continued service as a director through the next annual meeting of shareholders.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Restricted stock vests 50% after 2 years and 50% after 3 years.

Vesting of restricted stock is contingent on the Director's continued service as a director through the next annual meeting of shareholders.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

Vesting of each restricted stock unit is contingent on the Director's continued service as a director through the next annual meeting of shareholders. The restricted stock units will be settled in shares of common stock of the Company on the date the Director's service as a director terminates or such other date as the Director may elect.

Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2025.

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.

Represents issuance of shares pursuant to performance share award covering fiscal years 2023, 2024, and 2025, as approved for payment by the Committee for Culture, Compensation and People on March 12, 2026.

Represents issuance of shares pursuant to performance share award covering fiscal years 2023, 2024, and 2025, as approved for payment by the Committee for Culture, Compensation and People on March 12, 2026.

Represents issuance of shares pursuant to performance share award covering fiscal years 2023, 2024, and 2025, as approved for payment by the Committee for Culture, Compensation and People on March 12, 2026.

Represents issuance of shares pursuant to performance share award covering fiscal years 2023, 2024, and 2025, as approved for payment by the Committee for Culture, Compensation and People on March 12, 2026.

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.

Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.