Form 4: Director Arian Simone Reed Sells Shares of Steven Madden, LTD.
SEC Form 4
Arian Simone Reed, a director of Steven Madden, LTD., sold 25 shares of common stock at a price of $23.2 per share on May 9, 2025.
Summary
- On May 9, 2025, Arian Simone Reed, a director of Steven Madden, LTD. (SHOO), sold 25 shares of the company's common stock.
- The transaction was executed at a price of $23.2 per share.
- Following the sale, Reed directly owns 10,157 shares of Steven Madden, LTD.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the small number of shares sold suggests it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of stock sale transaction |
| 05/13/2025 | Date of signature on the Form 4 filing |
Keywords
Steven Madden, LTD., SHOO, Arian Simone Reed, Director, Stock Sale, Form 4, Beneficial Ownership
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