Form 4: Steven Madden Director Receives Restricted Stock Grant

Al Ferrara, a Director at Steven Madden, Ltd., was granted 2,964 shares of restricted stock on May 20, 2026, vesting on May 20, 2027.

Summary

• Al Ferrara, a Director of Steven Madden, Ltd. (SHOO), received a grant of 2,964 shares of restricted stock on May 20, 2026.
• This grant is part of the Steven Madden, Ltd. 2019 Incentive Compensation Plan.
• The restricted stock will vest and cease to be restricted on May 20, 2027.
• Until fully vested, the shares are subject to forfeiture according to the plan's terms.
• Following the transaction, Ferrara beneficially owns 30,115 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting standard compensation practices for a director rather than a significant strategic or financial development.

Positives

• Director Al Ferrara received a restricted stock grant, indicating continued incentive and alignment with the company's performance.
• The grant of 2,964 shares represents an investment in the company's future by a key insider.

Negatives

• The restricted stock is subject to forfeiture until fully vested, implying potential conditions that could lead to loss of ownership.

Risks

• The restricted stock is subject to forfeiture until May 20, 2027, meaning the shares could be lost if certain conditions are not met.
• Potential for insider selling pressure once the restricted stock vests.

Future Outlook

The restricted stock grant is subject to vesting on May 20, 2027, after which it will no longer be restricted and subject to forfeiture.

Industry Context

StockSavvy.ai notes that restricted stock grants are a common form of executive and director compensation in the retail sector, designed to retain talent and align their interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant aligns director incentives with long-term company performance, potentially benefiting shareholders if the stock price increases.
• Employees: The incentive plan structure may influence overall employee compensation strategies.
• Management: Reinforces the use of equity-based compensation for key personnel.

Next Steps

• The restricted stock will vest on May 20, 2027.
• The shares will cease to be restricted on May 20, 2027.

Key Dates

Keywords

Steven Madden, SHOO, Form 4, Insider Transaction, Restricted Stock, Stock Grant, Director Compensation, Beneficial Ownership, Vesting Schedule, Incentive Compensation Plan