Form 4: Steven Madden Director Sells 500 Shares

Peter Allan Davis, a director at Steven Madden, Ltd., sold 500 shares of common stock at a price of $45.393 per share on November 25, 2024.

Summary

• Peter Allan Davis, a director of Steven Madden, Ltd., sold 500 shares of the company's common stock on November 25, 2024.
• The sale was executed at a price of $45.393 per share.
• Following the transaction, Mr. Davis directly owns 7,757 shares of Steven Madden common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of a director's stock sale, which is common in publicly traded companies. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale by Peter Allan Davis is similar to other director sales in the fashion and retail industry, where executives and directors often hold and trade company stock.

Stakeholder Impact

• The sale may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.

Key Dates

Keywords

Steven Madden, SHOO, Director Sale, Form 4, Insider Trading, Stock Transaction, Peter Allan Davis