secwatch.observer — SEC 8-K summary
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Issuer:     CALERES INC (CAL)
CIK:        0000014707
Form:       8-K
Filed at:   2022-12-28T23:59:59+00:00
Accession:  0000014707-22-000078
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caleres freezes Supplemental Executive Retirement Plan effective Dec 31, 2022; no new participants, no further accruals
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- Caleres amended its SERP effective Dec 31, 2022 to freeze participation and benefit accruals for Executive Benefit Participants.
- Existing participants receive only lump sum actuarial equivalent as if they retired on freeze date; no further accruals.
- No new Executive Benefit Participants can join Plan after freeze date.
- The amendment aims to limit future liabilities for executive retirement benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14707/000001470722000078/0000014707-22-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14707/000001470722000078/cal-20221222x8k.htm
  HTML page:      https://secwatch.observer/filing/0000014707-22-000078

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