Steve Madden (NASDAQ: SHOO) CEO awarded new restricted stock grant
Rhea-AI Filing Summary
Rosenfeld Edward R. reported acquisition or exercise transactions in this Form 4 filing.
Steven Madden, Ltd. reported that Chief Executive Officer Edward R. Rosenfeld received a grant of 108,384 shares of restricted common stock on March 15, 2026 under the company’s 2019 Incentive Compensation Plan. The shares were granted at $0.0000 per share as equity compensation, not as an open-market purchase.
The restricted stock will vest in substantially equal installments on March 15 of each year from 2027 through 2031, and will be subject to forfeiture until fully vested under the plan’s terms. Following this award, Rosenfeld directly holds 823,330 common shares.
The filing also shows 234,000 common shares held indirectly by the Rosenfeld 2021 Family Trust. A footnote states Rosenfeld disclaims beneficial ownership of these trust-held securities, meaning they are associated with him but he does not admit beneficial ownership for Section 16 or other purposes.
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FAQ
What did Steven Madden (SHOO) CEO Edward Rosenfeld report in this Form 4?
How many Steven Madden (SHOO) shares did the CEO receive and at what price?
When will Edward Rosenfeld’s new restricted Steven Madden (SHOO) shares vest?
How many Steven Madden (SHOO) shares does the CEO hold after this grant?
What is the Rosenfeld 2021 Family Trust’s role in Steven Madden (SHOO) holdings?
Is the Steven Madden (SHOO) CEO’s Form 4 transaction a buy or compensation?