Restricted stock grant boosts Steven Madden (SHOO) president’s stake
Rhea-AI Filing Summary
Steven Madden, Ltd. president and director Amelia Varela received a grant of 24,983 shares of common stock on January 7, 2026 as reported on a Form 4. The award is structured as restricted stock under the company’s 2019 Incentive Compensation Plan and was granted at a price of $0 per share, meaning she did not pay cash for the shares.
The restricted stock will vest in substantially equal installments on January 7 of each year from 2027 through 2030, and the shares are subject to forfeiture until fully vested under the plan’s terms. Following this grant, Varela beneficially owns 214,682 shares of Steven Madden common stock directly.
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FAQ
What insider transaction did SHOO disclose for Amelia Varela?
The filing shows that Amelia Varela, president and director of Steven Madden, Ltd., received a grant of 24,983 shares of common stock as restricted stock on January 7, 2026.
Was the Steven Madden (SHOO) president’s Form 4 transaction a purchase or a grant?
The Form 4 reports an acquisition (Code A) of shares through a restricted stock grant under the 2019 Incentive Compensation Plan, not an open-market purchase.
At what price were the 24,983 Steven Madden (SHOO) shares granted to Amelia Varela?
The 24,983 restricted shares of Steven Madden, Ltd. common stock were granted at a stated price of $0 per share.
What is the vesting schedule for Amelia Varela’s 24,983 restricted SHOO shares?
The restricted stock will vest and cease to be restricted in substantially equal installments on January 7, 2027, January 7, 2028, January 7, 2029, and January 7, 2030, and is subject to forfeiture until fully vested.
How many Steven Madden (SHOO) shares does Amelia Varela own after this grant?
After the reported transaction, Amelia Varela beneficially owns 214,682 shares of Steven Madden, Ltd. common stock, held directly.
Is Amelia Varela a director or officer of Steven Madden (SHOO)?
Yes. The Form 4 identifies Amelia Varela as both a director and an officer, with the officer title of President at Steven Madden, Ltd.