Form 4: Steven Madden Director Robert Garrett Smith Reports Acquisition of 4,860 Shares of Common Stock

Director Robert Garrett Smith reports acquiring 4,860 shares of Steven Madden, Ltd. common stock through a restricted stock grant.

Summary

• On May 21, 2025, Robert Garrett Smith, a director of Steven Madden, Ltd., acquired 4,860 shares of common stock.
• The acquisition was a result of a restricted stock grant under the company's 2019 Incentive Compensation Plan.
• The stock will vest on May 19, 2026, and is subject to forfeiture until fully vested.
• Following the transaction, Smith directly owns 20,184 shares of Steven Madden, Ltd.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard stock grant to a director. It doesn't indicate any significant positive or negative implications for the company.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

Steven Madden, SHOO, Robert Garrett Smith, Director, Stock Acquisition, Restricted Stock, Form 4, Beneficial Ownership, Incentive Compensation Plan