Form 4: Al Ferrara, Director at Steven Madden, Ltd., Reports Acquisition of Common Stock

Director Al Ferrara reports acquisition of 2,906 shares of Steven Madden, Ltd. common stock through a restricted stock grant.

Summary

• Al Ferrara, a director at Steven Madden, Ltd. (SHOO), filed a Form 4 on May 23, 2024, reporting a transaction that occurred on May 22, 2024.
• The transaction involved the acquisition of 2,906 shares of common stock, par value $0.0001 per share, through a restricted stock grant.
• The shares were acquired at a price of $0.
• Following the transaction, Ferrara beneficially owns 18,291 shares of Steven Madden, Ltd. common stock.
• The restricted stock grant was made under the Steven Madden, Ltd. 2019 Incentive Compensation Plan and will vest on May 20, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates