Form 4: Steven Madden Executive Lisa Keith Reports Stock Transaction
SEC Form 4 Filing
Lisa Keith, EVP, Gen. Counsel, and Secretary of Steven Madden, Ltd., reports the disposal of 94 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On March 1, 2025, Lisa Keith, EVP, Gen. Counsel, and Secretary of Steven Madden, Ltd. (SHOO), disposed of 94 shares of common stock.
- The transaction was executed to satisfy tax obligations related to the vesting of 258 shares of restricted common stock.
- The price per share was $32.79.
- Following the transaction, Keith directly owns 27,067 shares of Steven Madden, Ltd.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transaction |
| 03/03/2025 | Date of signature |
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