Form 4: Steven Madden Executive's Routine Stock Tax Withholding

Steven Madden's EVP, General Counsel, and Secretary, Lisa Keith, reported a transaction involving the withholding of 1,589 shares for tax obligations related to restricted stock vesting.

Summary

• Lisa Keith, Executive Vice President, General Counsel, and Secretary of STEVEN MADDEN, LTD. (SHOO), reported a transaction on February 1, 2026.
• The transaction involved the disposition of 1,589 shares of common stock, par value $0.0001 per share, at a price of $43.88 per share.
• These shares were withheld to satisfy tax obligations in connection with the vesting of 3,912 shares of restricted common stock.
• Following this transaction, Lisa Keith beneficially owns 24,373 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard tax withholding transaction associated with the vesting of restricted stock, rather than a discretionary sale or purchase.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax withholdings upon restricted stock vesting, are common occurrences across all industries and typically do not reflect a change in management's outlook on the company's performance or stock value. These are often pre-scheduled events related to executive compensation plans.

Key Dates

Keywords

Steven Madden, SHOO, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Lisa Keith, Executive Compensation