Form 4: Peter Allan Davis, Director at Steven Madden, Ltd., Reports Acquisition of 2,906 Shares of Common Stock

Director Peter Allan Davis reports acquiring 2,906 shares of Steven Madden, Ltd. common stock through a restricted stock grant.

Summary

• On May 22, 2024, Peter Allan Davis, a director of Steven Madden, Ltd., acquired 2,906 shares of common stock.
• The acquisition was a result of a restricted stock grant under the Steven Madden, Ltd. 2019 Incentive Compensation Plan.
• The granted stock will vest on May 20, 2025, and is subject to forfeiture until fully vested.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The stock grant is a standard practice and indicates confidence in the company's future.

Positives

• The grant of restricted stock aligns the director's interests with those of the company and its shareholders.
• The vesting period encourages long-term commitment from the director.

Future Outlook

The restricted stock grant is part of the company's incentive compensation plan, designed to reward and retain key personnel.

Industry Context

Stock grants are a common form of executive compensation in the fashion and retail industry, aligning management's interests with shareholder value.

Stakeholder Impact

• The stock grant aligns the director's interests with those of shareholders.
• The vesting period encourages long-term commitment from the director, potentially benefiting the company and its stakeholders.

Key Dates