Form 4: Steven Madden EVP Disposes Shares for Tax Withholding
Insider Transaction Report
Steven Madden's EVP, General Counsel, and Secretary, Lisa Keith, disposed of 581 shares of common stock to cover tax withholding obligations.
Summary
- Lisa Keith, Executive Vice President, General Counsel, and Secretary of STEVEN MADDEN, LTD. (SHOO), reported a transaction on August 1, 2025.
- The transaction involved the disposition of 581 shares of common stock, with a par value of $0.0001 per share, at a price of $23.52 per share.
- This disposition was made to satisfy tax withholding obligations, indicated by the transaction code 'F'.
- Following this transaction, Lisa Keith directly beneficially owns 28,462 shares of STEVEN MADDEN, LTD. common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (disposition for tax withholding) which is neutral in sentiment. It does not indicate any significant positive or negative operational or financial news for the company.
Future Outlook
No forward-looking statements or guidance are provided in this filing, as it is a routine insider transaction report.
Industry Context
This filing reports a routine insider stock transaction for tax purposes and does not provide broader industry context or trends. It reflects a standard compensation-related event for an executive within the fashion and footwear industry.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a small, routine disposition for tax purposes by an executive, not indicative of a change in company fundamentals or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of transaction for the disposition of shares. |
| 08/04/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Steven Madden, SHOO, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Executive Compensation, Footwear, Apparel
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