Form 4: Rose Peabody Lynch Receives Stock Grant from Steven Madden, Ltd.

Director Rose Peabody Lynch received a stock grant from Steven Madden, Ltd. on May 22, 2024.

Summary

• Rose Peabody Lynch, a director of Steven Madden, Ltd., received a stock grant on May 22, 2024.
• The grant consisted of 2,906 shares of common stock, par value $0.0001 per share.
• These shares were granted under the Steven Madden, Ltd. 2019 Incentive Compensation Plan.
• The stock will vest on May 20, 2025, and until then, it is subject to forfeiture according to the plan's terms.
• Following the transaction, Lynch beneficially owns 22,903 shares.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating a stable and ongoing business operation. The sentiment is neutral to slightly positive as it suggests alignment of interests between management and shareholders.

Positives

• The stock grant aligns the director's interests with the company's performance.
• The vesting period encourages long-term commitment from the director.

Industry Context

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

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in publicly traded companies, including those in the fashion and retail sector like Nike (NKE) and Adidas (ADS.DE).
• The size of the grant is likely determined by factors such as the director's role, company performance, and industry benchmarks for executive compensation.
• Vesting schedules, like the one until May 20, 2025, are standard practice to incentivize long-term commitment and performance.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns the director's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the company's leadership.

Key Dates