SHOO Form 144: 2,312-share insider sale planned for Aug 2025

Rhea-AI Filing Summary

Steven Madden Ltd (SHOO) filed a Form 144, signaling the planned sale of 2,312 common shares—acquired via stock-compensation grants in 2022-2024—through UBS Financial Services. At the 8 Aug 2025 expected execution date, the shares represent <0.01% of the 72.63 million shares outstanding and carry an aggregate market value of roughly $55.5 k. The filing contains no indication of material adverse information and discloses no sales in the past three months.

Because the proposed sale volume is immaterial relative to public float and appears linked to routine equity-compensation vesting, the transaction is typically viewed as neutral for valuation. Still, investors may monitor Form 4s for actual execution and watch for additional insider activity that could alter sentiment.

Positive

• None.

Negative

• Insider selling, even in small amounts, can be interpreted as reduced insider confidence, warranting continued monitoring for additional sales.

Insights

Securities Analyst

TL;DR Small, routine insider sale (2,312 shares) equals <0.01% of float; unlikely to move SHOO price.

The sale ties directly to vested stock-comp grants, suggesting personal liquidity rather than deteriorating outlook. With only $55 k market value, institutional investors should view this as housekeeping. Monitor subsequent filings to confirm no pattern of escalating insider disposals.

Corporate Governance Expert

TL;DR Form 144 shows compliance; no red flags, but insider selling always merits tracking.

The filer attests to possessing no undisclosed adverse information, aligning with Rule 144 and 10b5-1 safeguards. Absence of recent sales and modest volume indicate good governance practices. Impact on shareholder perception is minimal; transparency is maintained.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	2312	55488	72627750	08/04/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	05/24/2022	stock compensation	Steven Madden Ltd			933	05/25/2022	not applicable
common	05/24/2023	stock compensation	Steven Madden Ltd			785	05/24/2023	not applicable
common	05/22/2024	stock compensation	Steven Madden Ltd			594	05/22/2024	not applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Steven Madden (SHOO) shares are being sold under this Form 144?

The filing covers 2,312 common shares with an estimated market value of about $55,488.

What percentage of SHOO’s shares outstanding does 2,312 shares represent?

Approximately 0.003% of the company’s 72.63 million shares outstanding.

When is the proposed sale date for the SHOO shares?

The filer plans to sell on or around 08/04/2025.

How were the shares being sold originally acquired?

All shares were received as stock-compensation awards in May 2022, 2023, and 2024.

Does the Form 144 indicate any recent insider sales beyond this notice?

No. The section covering securities sold in the past three months reports “Nothing to Report.”