---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-120717"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:42:36.511368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival extends CEO employment through 2029; revises executive severance and change-in-control terms

## Summary
- CEO Mark Worden's employment term extended through October 31, 2029 with automatic one-year renewals.
- Other executive officers (COO, CFO, CMO) receive one-year agreements expiring Oct 31, 2025, auto-renew.
- CEO's severance on qualifying termination increased from 200% to 250% of base salary plus target bonus.
- Change-in-control provisions: pure cutback under Section 280G replaces excise tax gross-up; RSUs vest immediately.
- Maximum bonus under incentive plan capped at 300% of base salary; Section 162(m) references removed.

## SEC filing metadata
- accession: 0000950170-24-120717
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000095017024120717/0000950170-24-120717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000095017024120717/scvl-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-120717
- JSON: https://secwatch.observer/filing/0000950170-24-120717.json
- Plain text: https://secwatch.observer/filing/0000950170-24-120717.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.