Form 4: Steven Madden Director Sells Shares in Latest Transaction
SEC Form 4 Filing
Peter Allan Davis, a director of Steven Madden, Ltd., sold 933 shares of common stock at a price of $26.976 per share on March 11, 2025.
Summary
- On March 11, 2025, Peter Allan Davis, a director of Steven Madden, Ltd. (SHOO), sold 933 shares of the company's common stock.
- The transaction was executed at a price of $26.976 per share.
- Following the transaction, Davis directly owns 6,824 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an insider's stock sale.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived in various ways by stakeholders.
- Some might see it as a lack of confidence in the company's future, while others might view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Peter Allan Davis sold 933 shares of Steven Madden, Ltd. common stock. |
| 03/11/2025 | Date of signature: Mike Lomenzo, Attorney-in-Fact for Peter Allan Davis, signed the Form 4. |
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