Form 4: Steven Madden Director Peter Migliorini Receives Stock Grant

Director Peter Migliorini received a restricted stock grant from Steven Madden, Ltd. on May 22, 2024.

Summary

• Peter Migliorini, a director of Steven Madden, Ltd., received a restricted stock grant on May 22, 2024.
• The grant consisted of 2,906 shares of common stock with a value of $0.
• Following the transaction, Migliorini directly owns 19,006 shares of Steven Madden, Ltd.
• The restricted stock will vest on May 20, 2025, and is subject to forfeiture until fully vested according to the terms of the Steven Madden, Ltd. 2019 Incentive Compensation Plan.

Sentiment

Score: 6

Explanation: The document reports a routine stock grant to a director, which is generally neutral. It suggests alignment of interests but doesn't inherently indicate positive or negative sentiment.

Positives

• The stock grant aligns the director's interests with the company's performance and shareholder value.

Industry Context

Stock grants to directors are a common practice to incentivize and align their interests with the company's long-term performance.

Stakeholder Impact

• The stock grant may have a minor positive impact on shareholder sentiment by aligning director interests with company performance.

Key Dates