Form 4: Peter Migliorini, Director at Steven Madden, Ltd., Receives Stock Grant

Director Peter Migliorini acquired 4,860 shares of Steven Madden, Ltd. common stock through a restricted stock grant.

Summary

• On May 21, 2025, Peter Migliorini, a director of Steven Madden, Ltd., acquired 4,860 shares of common stock.
• The acquisition was a result of a restricted stock grant under the company's 2019 Incentive Compensation Plan.
• The stock will vest on May 19, 2026, and is subject to forfeiture until fully vested.
• Following the transaction, Migliorini directly owns 20,866 shares of Steven Madden, Ltd.

Sentiment

Score: 7

Explanation: The document reflects a routine stock grant, which is generally viewed positively as it aligns management interests with shareholders. The sentiment is neutral to slightly positive.

Positives

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

Industry Context

Stock grants to directors are a common practice in publicly traded companies to incentivize performance and align interests with shareholders.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in the fashion and retail industry.
• Companies like Nike, Adidas, and Tapestry (Coach) also utilize stock grants as part of their compensation strategy for directors and key employees.
• The size of the grant is likely determined by factors such as company performance, individual contribution, and industry benchmarks for director compensation.

Stakeholder Impact

• The stock grant could have a slightly positive impact on shareholder sentiment as it aligns the director's interests with those of the shareholders.
• The grant has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

stock grant, director, SHOO, Steven Madden, beneficial ownership, Form 4, Migliorini