Form 4: Steven Madden President Sells 15,000 Shares
Insider Transaction Report
Steven Madden Ltd. President Amelia Varela sold 15,000 shares of common stock for approximately $42.59 per share in a pre-planned transaction.
Summary
- Amelia Varela, President and Director of Steven Madden, Ltd. (SHOO), reported a sale of common stock.
- The transaction involved the disposition of 15,000 shares of common stock.
- The shares were sold at a weighted average price of $42.5892 per share.
- The sales occurred in multiple transactions with prices ranging from $42.485 to $42.615.
- Following the transaction, Amelia Varela beneficially owns 194,417 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-planned Rule 10b5-1 arrangement, which is generally considered a neutral event and not indicative of company performance or management's sentiment towards the stock's future.
Future Outlook
This filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is an individual insider transaction and does not directly relate to broader industry trends or competitive landscape. It reflects a personal financial decision by a company executive.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan Disclosure | The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged sale of equity securities. | 12/01/2025 | This demonstrates adherence to insider trading policies, allowing insiders to sell shares without being accused of trading on material non-public information. |
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is a pre-scheduled personal financial event rather than a reflection of company-specific news.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of earliest transaction for the sale of common stock. |
| 12/02/2025 | Date the Form 4 was signed by the attorney-in-fact for Amelia Varela. |
Keywords
Steven Madden, SHOO, Insider Trading, Form 4, Stock Sale, Amelia Varela, Director, President, Equity Transaction, 10b5-1 Plan
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