Steven Madden (SHOO) CFO awarded 7,969 restricted shares, 713 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Steven Madden, Ltd. Chief Financial Officer Mazouzi Zine reported routine equity compensation activity. Zine received a grant of 7,969 shares of restricted common stock that will vest in substantially equal installments on March 15 of each year from 2027 through 2031, subject to forfeiture under the company’s 2019 Incentive Compensation Plan. The filing also shows 713 shares were withheld at $31.37 per share to cover tax obligations on the vesting of 1,977 previously granted restricted shares. After these transactions, Zine directly holds 65,922 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mazouzi Zine
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock par value $0.0001 per share | 7,969 | $0.00 | -- |
| Tax Withholding | Common Stock par value $0.0001 per share | 713 | $31.37 | $22K |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 66,635 shares (Direct)
Footnotes (1)
- Reflects restricted stock grant made by Steven Madden, Ltd. (the "Company") to the reporting person on March 15, 2026 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and cease to be restricted in substantially equal installments on March 15, 2027, March 15, 2028, March 15, 2029, March 15, 2030 and March 15, 2031, and until fully vested will be subject to forfeiture pursuant to the terms of the Plan. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,977 shares of restricted common stock of Steven Madden, Ltd.
FAQ
What insider transaction did Steven Madden (SHOO) CFO Mazouzi Zine report?
Mazouzi Zine reported a grant of 7,969 restricted common shares from Steven Madden, Ltd. The award is part of equity compensation and will vest over several years, increasing the CFO’s direct ownership stake in the company’s common stock.
How will the new restricted stock grant for SHOO’s CFO vest over time?
The 7,969-share restricted stock grant will vest in substantially equal installments on March 15, 2027, 2028, 2029, 2030 and 2031. Until fully vested, the shares remain restricted and subject to potential forfeiture under the company’s 2019 Incentive Compensation Plan.
Under which plan was the SHOO CFO’s restricted stock grant issued?
The 7,969-share restricted stock grant was issued under the Steven Madden, Ltd. 2019 Incentive Compensation Plan. The plan governs vesting, restrictions, and forfeiture terms for the award, tying a portion of the CFO’s compensation to the company’s long-term share performance.