Form 4: Steven Madden President Amelia Varela Reports Stock Grant
SEC Form 4
Amelia Varela, President of Steven Madden, Ltd., reports the acquisition of 9,881 shares of common stock as a restricted stock grant.
Summary
- Amelia Varela, President of Steven Madden, Ltd., filed a Form 4 on March 18, 2025, reporting a transaction.
- On March 14, 2025, Varela acquired 9,881 shares of Steven Madden, Ltd. common stock through a restricted stock grant.
- The grant was made under the Steven Madden, Ltd. 2019 Incentive Compensation Plan.
- The stock will vest in equal installments annually from March 15, 2026, to March 15, 2030.
- Following the reported transaction, Varela beneficially owns 209,417 shares of Steven Madden, Ltd. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The stock grant indicates confidence in the company's future and aligns management's interests with shareholders.
Positives
- The restricted stock grant aligns the President's interests with those of the shareholders, incentivizing long-term performance.
Risks
- The unvested shares are subject to forfeiture, which could occur if Varela leaves the company before the vesting dates.
Future Outlook
The vesting schedule suggests a commitment from Amelia Varela to remain with Steven Madden, Ltd. for the next five years.
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
- Shareholders may view the stock grant positively as it incentivizes the President to drive long-term value.
- Employees may see the grant as a sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock grant transaction |
| 03/15/2026 | First vesting date of restricted stock |
| 03/15/2027 | Second vesting date of restricted stock |
| 03/15/2028 | Third vesting date of restricted stock |
| 03/15/2029 | Fourth vesting date of restricted stock |
| 03/15/2030 | Final vesting date of restricted stock |
| 03/18/2025 | Date of Form 4 filing |
Keywords
Form 4, Steven Madden, Stock Grant, Beneficial Ownership, Amelia Varela, Restricted Stock
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