SHOE CARNIVAL INC (SCVL) 8-K Current Report: March 9, 2026
Filed: March 9, 2026
Consumer Discretionary
Retail-Shoe StoresSHOE CARNIVAL INC (SCVL) 8-K current report filed with SEC EDGAR on March 9, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
SHOE CARNIVAL INC 8-K Mar 9, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • Clifton Sifford appointed Interim CEO effective Feb 24, 2026 at $1M annual base salary plus $2,957/month stipend and $1,100/month auto allowance
- • One-time RSU grant of 112,220 shares cliff-vesting March 31, 2027 tied solely to continued service — no performance hurdle
- • Fiscal 2026 EICP tied to Adjusted Operating Income; Sifford eligible for 25%–175% of $1M salary based on performance
- • Other executives (Jackson, Chilton, Gordon) received PSU + RSU grants; Chilton received largest equity award (27,048 PSUs / 18,032 RSUs)
- • EICP extended five additional fiscal years; Compensation Committee gains flexibility to exclude "unanticipated material transactions" from bonus metrics
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