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  4. [Form 4] STEVEN MADDEN, LTD. Insider Trading Activity

Steven Madden (NASDAQ: SHOO) president uses shares to pay taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steven Madden, Ltd. president Amelia Varela reported three tax-withholding dispositions of common stock tied to restricted stock vesting. On these transactions, she surrendered 659, 736, and 614 shares at $36.10 per share to cover tax obligations. After these withholdings, she directly holds 212,673 common shares.

Positive

  • None.

Negative

  • None.
Insider VARELA AMELIA
Role President
Type Security Shares Price Value
Tax Withholding Common Stock par value $0.0001 per share 659 $36.10 $24K
Tax Withholding Common Stock par value $0.0001 per share 736 $36.10 $27K
Tax Withholding Common Stock par value $0.0001 per share 614 $36.10 $22K
Holdings After Transaction: Common Stock par value $0.0001 per share — 214,023 shares (Direct)
Footnotes (1)
  1. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,289 shares of restricted common stock of Steven Madden, Ltd. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,441 shares of restricted common stock of Steven Madden, Ltd. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,201 shares of restricted common stock of Steven Madden, Ltd.
Form 4 Insider Transactions: What Each Field Means →
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*
VARELA AMELIA
(Last) (First) (Middle)
C/O STEVEN MADDEN LTD
52-16 BARNETT AVENUE
(Street)
LONG ISLAND CITY WI 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
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F 659(1) D $36.1 214,023 D
Common Stock par value $0.0001 per share 03/01/2026 F 736(2) D $36.1 213,287 D
Common Stock par value $0.0001 per share 03/01/2026 F 614(3) D $36.1 212,673 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. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,289 shares of restricted common stock of Steven Madden, Ltd.
2. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,441 shares of restricted common stock of Steven Madden, Ltd.
3. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,201 shares of restricted common stock of Steven Madden, Ltd.
/s/ Mike Lomenzo, Attorney-in-Fact for Amelia Varela 03/02/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Steven Madden (SHOO) report for Amelia Varela?

Steven Madden president Amelia Varela reported three tax-withholding dispositions of common stock. Shares were withheld to cover taxes due on vesting restricted stock awards, rather than sold in the open market, reflecting routine equity compensation administration.

How many Steven Madden (SHOO) shares were withheld for Amelia Varela’s taxes?

Three separate blocks of Steven Madden common stock were withheld: 659 shares, 736 shares, and 614 shares. Each block related to a different restricted stock vesting event and was used specifically to satisfy the associated tax obligations.

At what price were the Steven Madden (SHOO) tax-withholding shares valued?

The withheld Steven Madden shares for Amelia Varela’s tax obligations were valued at $36.10 per share. This price was applied to each of the three withholding transactions disclosed, covering taxes tied to separate restricted stock vesting events.

Does the Amelia Varela Form 4 show an open-market sale of SHOO shares?

The Form 4 shows tax-withholding dispositions coded “F,” not open-market sales. Shares were withheld by the company to pay Amelia Varela’s tax liabilities from restricted stock vesting, a common administrative step in equity compensation programs.

How many Steven Madden (SHOO) shares does Amelia Varela hold after the transactions?

After the reported tax-withholding dispositions, Amelia Varela directly owns 212,673 shares of Steven Madden common stock. This post-transaction holding reflects her remaining equity stake following the shares surrendered to satisfy vesting-related tax obligations.

What restricted stock vestings triggered Amelia Varela’s Steven Madden share withholdings?

The withholdings relate to vesting of 1,289, 1,441, and 1,201 shares of restricted common stock. Portions of each vesting were withheld to satisfy Amelia Varela’s tax obligations, as described in the accompanying Form 4 footnotes.