Steven Madden (SHOO) President gets restricted stock grant and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEVEN MADDEN, LTD. President Amelia Varela received a grant of 7,969 shares of common stock as restricted stock under the company’s 2019 Incentive Compensation Plan. These shares vest in substantially equal installments each March 15 from 2027 through 2031 and are subject to forfeiture until fully vested.
To cover tax obligations on the vesting of 1,977 previously granted restricted shares, 1,010 shares were withheld at a price of $31.37 per share. After these compensation-related transactions, Varela directly holds 219,632 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VARELA AMELIA
Role
President
| 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 | 1,010 | $31.37 | $32K |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 220,642 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 transactions did Steven Madden (SHOO) President Amelia Varela report?
Amelia Varela reported a grant of 7,969 restricted shares of Steven Madden common stock and the withholding of 1,010 shares to satisfy taxes on the vesting of 1,977 earlier restricted shares. These transactions are compensation-related, not open-market trades.
Are Amelia Varela’s recent Steven Madden (SHOO) transactions open-market buys or sells?
No, the reported transactions are not open-market buys or sells. They involve a restricted stock grant of 7,969 shares as compensation and the withholding of 1,010 shares to pay taxes on vesting, both standard equity compensation mechanics rather than discretionary market trades.