Form 4: Steven Madden Director Peter Migliorini Reports Stock Sale
SEC Form 4 Filing
Director Peter Migliorini of Steven Madden, Ltd. (SHOO) sold 3,000 shares of common stock on June 12, 2024.
Summary
- On June 12, 2024, Peter Migliorini, a director of Steven Madden, Ltd. (SHOO), sold 3,000 shares of the company's common stock.
- The sale was executed at a price of $43.8125 per share.
- Following the transaction, Migliorini directly owns 16,006 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself is a small percentage of the overall shares outstanding.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of stock sale transaction |
| 06/13/2024 | Date of Form 4 filing |
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