Steven Madden (SHOO) Chief Product Officer corrects reported share ownership
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
STEVEN MADDEN, LTD. insider Christina Ciglar, Chief Product Officer, amended her initial ownership report to correct her holdings. The Form 3/A states she beneficially owns 40,347 shares of common stock directly, revising the previously reported amount, which the company attributes to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ciglar Christina
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 40,347 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Beneficial ownership: 40,347 shares
Form type: Form 3/A
Ownership type: Direct (Code D)
3 metrics
Beneficial ownership
40,347 shares
Direct common stock holdings after correction
Form type
Form 3/A
Amended initial statement of beneficial ownership
Ownership type
Direct (Code D)
Ciglar’s reported nature of ownership
Key Terms
Form 3/A, beneficially owned, administrative error
3 terms
Form 3/A regulatory
"This Form 3/A is being filed to amend the Form 3 originally filed..."
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
beneficially owned financial
"to correct the number of equity securities beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
administrative error other
"Such equity securities were reported incorrectly due to an administrative error."
FAQ
What does the Christina Ciglar Form 3/A filing for SHOO change?
The Form 3/A corrects Christina Ciglar’s reported holdings in STEVEN MADDEN, LTD. It updates the number of common shares she beneficially owns to 40,347, fixing an earlier administrative reporting error without disclosing any new buy or sell transaction.
Does the SHOO Form 3/A for Christina Ciglar show any insider buying or selling?
The Form 3/A does not show any insider buying or selling by Christina Ciglar. It is classified as a holding entry that simply corrects the number of common shares beneficially owned, which was previously misreported because of an administrative error in the original filing.
Why did STEVEN MADDEN (SHOO) file an amended Form 3/A for Christina Ciglar?
The amended Form 3/A was filed to fix an administrative error in the original Form 3. It corrects the previously misreported number of equity securities beneficially owned by Christina Ciglar, ensuring that her disclosed ownership of 40,347 common shares is accurate and up to date.
What is the role of Christina Ciglar at STEVEN MADDEN, LTD. (SHOO)?
Christina Ciglar serves as Chief Product Officer at STEVEN MADDEN, LTD. The amended Form 3/A reflects her status as an officer and updates her direct beneficial ownership to 40,347 common shares, with no indication of director or ten percent owner status in this filing.