Form 4: Steven Madden Director Sells Shares

A director at Steven Madden, Peter Allan Davis, sold 2,312 shares of common stock for $24.875 per share.

Summary

• Peter Allan Davis, a Director of STEVEN MADDEN, LTD. (SHOO), reported a transaction.
• The transaction involved the sale of 2,312 shares of Common Stock, par value $0.0001 per share.
• The sale occurred on August 4, 2025, at a price of $24.875 per share.
• Following this transaction, Peter Allan Davis beneficially owns 7,172 shares of Common Stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 4

Explanation: The sentiment is slightly negative as it involves an insider selling shares, although the impact is mitigated by the transaction being part of a pre-planned Rule 10b5-1 program.

Negatives

• A director sold 2,312 shares of common stock, reducing their direct beneficial ownership.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A director's sale of shares, even if pre-planned, slightly reduces insider alignment, though the impact of this specific transaction is minimal given the small number of shares relative to the company's size.

Key Dates

Keywords

Steven Madden, SHOO, Form 4, Insider Transaction, Director Sale, Peter Allan Davis, Rule 10b5-1