Form 4: Steven Madden EVP Lisa Keith Sells Shares on March 14, 2024

Lisa Keith, EVP, General Counsel, and Secretary of Steven Madden, Ltd., sold 2,400 shares of common stock at a weighted average price of $41.7283 on March 14, 2024.

Summary

• On March 14, 2024, Lisa Keith, the EVP, General Counsel, and Secretary of Steven Madden, Ltd. (SHOO), sold 2,400 shares of the company's common stock.
• The shares were sold at a weighted average price of $41.7283.
• The price range for the sales was between $41.49 and $41.95.
• Following the transaction, Lisa Keith directly owns 20,687 shares of Steven Madden, Ltd.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and unlikely to have a significant impact.

Key Dates