Clifton Sifford's holdings in Shoe Carnival reflect his connection to the company's performance. Although he began his tenure with substantial performance-based stock grants, the number of shares vested has varied significantly over the years. For instance, in 2021, he benefitted...
Clifton Sifford's holdings in Shoe Carnival reflect his connection to the company's performance. Although he began his tenure with substantial performance-based stock grants, the number of shares vested has varied significantly over the years. For instance, in 2021, he benefitted from a massive vested stock value of about $14 million based on performance metrics. In contrast, his compensation dropped drastically in 2023, where he held fewer vested stocks worth around $15,015. This fluctuation demonstrates a reliance on actual company performance, which can either greatly reward or penalize based on the company’s operating income and EPS targets. Sifford's wealth has shifted with the company's fortunes, and his controlled stock holdings have mirrored the company's ups and downs, economically impacting his personal financial landscape.