Steven Madden (SHOO) CEO reports tax withholding of 4,992 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Steven Madden, Ltd. Chief Executive Officer Edward R. Rosenfeld reported an automatic share withholding related to equity compensation. On February 1, 2026, 4,992 shares of common stock were withheld at $43.88 per share to cover taxes on the vesting of 12,107 restricted shares.
After this withholding, Rosenfeld directly owned 760,620 shares of Steven Madden common stock. An additional 234,000 shares were reported as indirectly held by the Rosenfeld 2021 Family Trust, for which Rosenfeld expressly disclaimed beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rosenfeld Edward R.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock par value $0.0001 per share | 4,992 | $43.88 | $219K |
| holding | Common Stock par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 760,620 shares (Direct);
Common Stock par value $0.0001 per share — 234,000 shares (Indirect, By Rosenfeld 2021 Family Trust)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 12,107 shares of restricted common stock of Steven Madden, Ltd. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.
FAQ
What insider transaction did SHOO CEO Edward R. Rosenfeld report?
Edward R. Rosenfeld reported 4,992 Steven Madden common shares withheld for taxes. The withholding related to the vesting of 12,107 restricted shares granted as equity compensation, rather than an open‑market sale or purchase of stock.
What indirect SHOO holdings are reported for the Rosenfeld 2021 Family Trust?
The Form 4 shows 234,000 Steven Madden shares indirectly held by the Rosenfeld 2021 Family Trust. Rosenfeld disclaimed beneficial ownership of these securities, stating the report does not admit he is their beneficial owner for any legal purpose.
Was Edward R. Rosenfeld’s SHOO transaction a sale on the open market?
No, the filing reports an automatic tax withholding, not an open‑market sale. Code F indicates 4,992 shares were withheld to satisfy income tax obligations from the vesting of 12,107 restricted Steven Madden shares.