Form 4: Steven Madden CFO Zine Mazouzi Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of Steven Madden, Zine Mazouzi, reports the disposal of 1,783 shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 1, 2025, Zine Mazouzi, the Chief Financial Officer of Steven Madden, Ltd., reported a transaction involving the disposal of 1,783 shares of common stock.
- The shares were disposed of to satisfy tax obligations related to the vesting of 4,944 shares of restricted common stock.
- The transaction was executed at a price of $32.79 per share.
- Following the transaction, Mazouzi directly owns 68,113 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reports a standard transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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