Form 4: Steven Madden Director Sells Shares

Steven Madden, Ltd. Director Peter Allan Davis reported a sale of 3,030 shares of common stock.

Summary

• Peter Allan Davis, a Director at Steven Madden, Ltd. (SHOO), reported a transaction on May 22, 2026.
• The transaction involved the sale of 3,030 shares of common stock.
• The sale was executed at a weighted average price of $41.9832, with individual sales ranging from $41.982 to $42.00.
• Following this transaction, Mr. Davis beneficially owns 5,651 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing as it represents a standard insider transaction without additional context on the reasons for the sale.

Negatives

• Director Peter Allan Davis sold 3,030 shares of common stock, reducing his direct beneficial ownership.

Future Outlook

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

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a director selling shares can sometimes be interpreted negatively, the context of the sale (e.g., diversification, pre-planned sale under Rule 10b5-1) is crucial for a complete understanding, which is not detailed in this specific filing.

Stakeholder Impact

• Shareholders may note the reduction in beneficial ownership by a director, though the reasons for the sale are not specified in this filing.

Key Dates

Keywords

Steven Madden, SHOO, Form 4, insider trading, stock sale, Peter Allan Davis, common stock, beneficial ownership