Steven Madden (SHOO) director sells 3,600 shares around $33.44

Rhea-AI Filing Summary

Steven Madden, Ltd. director Reed Arian Simone reported an open-market sale of 3,600 shares of common stock at a weighted average price of $33.4373 per share. After the transaction, he directly owns 8,705 shares. The sale price ranged from $33.433 to $33.46 per share.

Insider Trade Summary

Net Seller: 3,600 shares

Net Sell 1 txn

Insider Reed Arian Simone

Role Director

Sold 3,600 shs ($120K)

Type	Security	Shares	Price	Value
Sale	Common Stock par value $0.0001 per share	3,600	$33.4373	$120K

Holdings After Transaction: Common Stock par value $0.0001 per share — 8,705 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.433 to $33.46, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/12/2026 - 05:40 PM Learn about SEC filing dates

FAQ

What insider transaction did Steven Madden (SHOO) disclose for Reed Arian Simone?

Steven Madden director Reed Arian Simone disclosed selling 3,600 shares of common stock in an open-market transaction. The weighted average sale price was about $33.44 per share, and he retained direct ownership of 8,705 shares after the sale.

At what price did Reed Arian Simone sell Steven Madden (SHOO) shares?

Reed Arian Simone sold 3,600 Steven Madden shares at a weighted average price of $33.4373 per share. According to the footnote, individual trades occurred within a price range from $33.433 to $33.46 per share during the transaction.

How many Steven Madden (SHOO) shares does Reed Arian Simone own after the sale?

Following the reported transaction, Reed Arian Simone directly owns 8,705 shares of Steven Madden common stock. This figure reflects his remaining stake after selling 3,600 shares in the open market at a weighted average price slightly above $33.43 per share.

Was Reed Arian Simone’s Steven Madden (SHOO) trade an open-market sale?

Yes. The Form 4 describes the transaction as an open-market sale of common stock. It uses code “S” with a transaction description of “Sale in open market or private transaction,” and provides a weighted average sale price with a detailed intraday price range.

Does the Steven Madden (SHOO) Form 4 mention a price range for the insider sale?

The Form 4 footnote states that the 3,600 shares were sold in multiple transactions at prices ranging from $33.433 to $33.46, inclusive. The weighted average price reported for the sale was $33.4373 per share across those trades.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reed Arian Simone

(Last) (First) (Middle)

C/O STEVEN MADDEN, LTD.

52-16 BARNETT AVENUE

(Street)

LONG ISLAND CITY NY 11104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STEVEN MADDEN, LTD. [ SHOO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock par value $0.0001 per share	03/12/2026		S		3,600	D	$33.4373(1)	8,705	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.433 to $33.46, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Mike Lomenzo, Attorney-in-Fact for Arian Simone Reed	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.