Steven Madden (SHOO) director sells 475 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEVEN MADDEN, LTD. director Reed Arian Simone reported an open-market sale of Common Stock. Simone sold 475 shares at an average price of $43.8204 per share. After this transaction, Simone directly holds 10,546 shares of Steven Madden common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 475 shares ($20,815)
Net Sell
1 txn
Insider
Reed Arian Simone
Role
null
Sold
475 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock par value $0.0001 per share | 475 | $43.8204 | $21K |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 10,546 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 475 shares
Sale price: $43.8204 per share
Shares held after transaction: 10,546 shares
3 metrics
Shares sold
475 shares
Open-market sale reported on Form 4
Sale price
$43.8204 per share
Average price for the 475 shares sold
Shares held after transaction
10,546 shares
Direct ownership after the sale
Key Terms
open-market sale, Common Stock par value $0.0001 per share, Form 4
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Steven Madden (SHOO) report for Reed Arian Simone?
Steven Madden reported that director Reed Arian Simone sold 475 shares of common stock in an open-market transaction. The shares were sold at an average price of $43.8204 per share, according to the Form 4 filing.
What does transaction code S mean in the Steven Madden (SHOO) Form 4?
Transaction code S in the Steven Madden Form 4 indicates a sale in the open market or a private transaction. In this filing, it describes Reed Arian Simone’s sale of 475 common shares at an average price of $43.8204 per share.