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Equity grant: Steven Madden (SHOO) director awarded 2,964 restricted shares

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kumar Maria Teresa reported acquisition or exercise transactions in this Form 4 filing.

STEVEN MADDEN, LTD. director Maria Teresa Kumar received a grant of 2,964 shares of common stock as equity compensation. The restricted stock was granted on May 20, 2026 under the company’s 2019 Incentive Compensation Plan at no cash cost to her.

These shares will vest and cease to be restricted on May 20, 2027, and are subject to forfeiture until vesting. Following this award, she directly holds a total of 12,224 shares of Steven Madden common stock. This is a routine compensation-related equity grant rather than an open-market transaction.

Positive

  • None.

Negative

  • None.
Insider Kumar Maria Teresa
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.0001 per share 2,964 $0.00 --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 12,224 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 2,964 shares Equity award to director on May 20, 2026
Transaction price $0.0000 per share Reported grant price for restricted stock
Holdings after grant 12,224 shares Total common shares directly held by Maria Teresa Kumar
Vesting date May 20, 2027 Restricted stock ceases to be restricted on this date
restricted stock grant financial
"Reflects restricted stock grant made by Steven Madden, Ltd."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
2019 Incentive Compensation Plan financial
"under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan")"
forfeiture financial
"until fully vested will be subject to forfeiture pursuant to the terms of the Plan"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Kumar Maria Teresa
(Last)(First)(Middle)
C/O STEVEN MADDEN, LTD.
52-16 BARNETT AVENUE
(Street)
LONG ISLAND CITY NEW YORK 11104
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
STEVEN MADDEN, LTD. [ SHOO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share05/20/2026A2,964(1)A$012,224D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects restricted stock grant made by Steven Madden, Ltd. (the "Company") to the reporting person on May 20, 2026 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and cease to be restricted on May 20, 2027 and until fully vested will be subject to forfeiture pursuant to the terms of the Plan.
/s/ Mike Lomenzo, Attorney-in-Fact for Maria Teresa Kumar05/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Steven Madden (SHOO) report for Maria Teresa Kumar?

Steven Madden reported that director Maria Teresa Kumar received 2,964 shares of restricted common stock as an equity grant. The award was made under the 2019 Incentive Compensation Plan and represents compensation, not an open-market stock purchase or sale.

How many Steven Madden (SHOO) shares does Maria Teresa Kumar hold after this grant?

After the grant, Maria Teresa Kumar holds 12,224 shares of Steven Madden common stock directly. This total includes the newly granted 2,964 restricted shares, which remain subject to vesting and potential forfeiture until the stated vesting date.

When do Maria Teresa Kumar’s new Steven Madden (SHOO) restricted shares vest?

The 2,964 restricted shares granted to Maria Teresa Kumar will vest on May 20, 2027. Until that date, the shares are restricted and may be forfeited under the terms of Steven Madden’s 2019 Incentive Compensation Plan governing the award.

Was cash paid for the Steven Madden (SHOO) shares granted to Maria Teresa Kumar?

No cash was paid for this award; the transaction price per share is reported as $0.0000. The 2,964 restricted shares represent a stock-based compensation grant made under Steven Madden’s 2019 Incentive Compensation Plan, not a market purchase.

Is Maria Teresa Kumar’s Steven Madden (SHOO) Form 4 transaction a purchase or a grant?

The Form 4 describes the event as a grant or award acquisition, coded as transaction type “A.” It reflects an equity compensation grant of 2,964 restricted shares, not an open-market purchase or sale of Steven Madden stock by the director.