secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001193125-26-098464
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival names Clifton Sifford interim CEO; grants 112,220 RSUs
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- Clifton E. Sifford appointed Interim President & CEO effective Feb 24, 2026; continues as Executive Vice Chairman.
- Sifford receives $1M base salary, $2,957 monthly stipend, $1,100 auto allowance, and 112,220 RSUs vesting March 31, 2027.
- Fiscal 2026 EICP based on Adjusted Operating Income; payout ranges 25%-175% of target; Sifford target 100% of salary.
- Other execs (Jackson, Chilton, Gordon, Edwards) receive RSUs and PSUs tied to fiscal 2026 adjusted net income per share.
- EICP amended to include Operating Income before Nonrecurring Items, allow adjustments, extend term five years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000119312526098464/0001193125-26-098464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000119312526098464/scvl-20260303.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-098464

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