Form 4: Steven Madden Exec Karla Frieders Reports Stock Grant

Karla Frieders, Chief Merchandising Officer at Steven Madden, Ltd., reported the acquisition of 2,402 shares of common stock on March 15, 2024, as part of a restricted stock grant.

Summary

• Karla Frieders, Chief Merchandising Officer of Steven Madden, Ltd., filed a Form 4 on March 18, 2024, reporting a transaction.
• On March 15, 2024, Frieders acquired 2,402 shares of Steven Madden, Ltd. common stock through a restricted stock grant.
• These shares were granted under the Steven Madden, Ltd. 2019 Incentive Compensation Plan.
• The stock will vest in equal installments annually on March 15th from 2025 to 2029.
• Following the reported transaction, Frieders beneficially owns 102,179 shares of Steven Madden, Ltd. common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing regarding executive compensation, indicating a neutral sentiment.

Positives

• The restricted stock grant aligns Karla Frieders' interests with the long-term performance of Steven Madden, Ltd.

Future Outlook

The vesting schedule of the restricted stock grant extends to March 15, 2029, suggesting a long-term commitment from the executive.

Industry Context

Stock grants are a common form of executive compensation in the fashion and retail industry, aligning management's interests with shareholder value.

Stakeholder Impact

• The stock grant could positively impact shareholder value by incentivizing the Chief Merchandising Officer to improve company performance.

Key Dates