Form 4: Steven Madden Director Rose Peabody Lynch Sells 1,600 Shares
SEC Form 4 Filing
Director Rose Peabody Lynch sold 1,600 shares of Steven Madden, Ltd. (SHOO) at a price of $44.4115 per share on June 5, 2024.
Summary
- Rose Peabody Lynch, a director of Steven Madden, Ltd. (SHOO), sold 1,600 shares of common stock on June 5, 2024.
- The transaction was executed at a price of $44.4115 per share.
- Following the transaction, Lynch directly owns 21,303 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. Such transactions are common and provide insight into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Sale of 1,600 shares of common stock. |
| 06/06/2024 | Date of signature on the Form 4 filing. |
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