secwatch.observer — SEC 8-K summary
======================================

Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0000950170-24-032899
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival sets FY2024 bonus targets and grants equity awards to executives
------------------------------------------------------------------------------

- Bonus for FY2024 based on operating income; threshold pays 25% of target, maximum 175%; can be reduced by individual performance.
- CEO Mark Worden receives 51,263 target PSUs and 34,175 RSUs; other named execs also receive awards.
- PSUs vest March 31, 2027 based on FY2024 EPS; RSUs vest 50% on each March 31, 2026 and 2027.
- Wayne Weaver and Clifton Sifford will not participate in the FY2024 executive bonus plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000095017024032899/0000950170-24-032899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000095017024032899/scvl-20240313.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-032899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer