Form 4: Steven Madden Director Peter Allan Davis Acquires Shares
SEC Form 4 Filing
Director Peter Allan Davis acquired 400 shares of Steven Madden, Ltd. at a weighted average price of $43.2929 on May 29, 2024.
Summary
- On May 29, 2024, Peter Allan Davis, a director of Steven Madden, Ltd., acquired 400 shares of common stock.
- The shares were purchased at a weighted average price of $43.2929.
- Following the transaction, Davis directly owns 8,257 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing indicates insider activity, which is closely monitored by investors as it can provide insights into management's perspective on the company's prospects. It is a routine filing and does not necessarily indicate a major shift in the company's outlook.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of transaction: Peter Allan Davis acquired 400 shares of Steven Madden, Ltd. |
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