Steven Madden CPO sells 5,147 shares

Accepted by SEC EDGAR 06/10/2026 - 04:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

STEVEN MADDEN, LTD. Chief Product Officer Christina Ciglar reported an open-market sale of 5,147 shares of common stock. The shares were sold on June 9, 2026 at a weighted average price of $44.7399 per share, with individual sale prices ranging from $44.55 to $45.01. After this transaction, she directly holds 35,200 shares of Steven Madden common stock.

Insider Trade Summary

Net Seller: 5,147 shares

Net Sell 1 txn

Insider Ciglar Christina

Role Chief Product Officer

Sold 5,147 shs ($230K)

Share of Position Sold 12.8%

Type	Security	Shares	Price	Value
Sale	Common Stock par value $0.0001 per share	5,147	$44.7399	$230K

Holdings After Transaction: Common Stock par value $0.0001 per share — 35,200 shares (Direct)

Holdings Before and After: Common Stock par value $0.0001 per share, 40,347 to 35,200 shares (Direct)

Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.

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 $44.55 to $45.01, 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.

Key Figures

Shares sold: 5,147 shares Weighted average sale price: $44.7399 per share Price range of trades: $44.55 to $45.01 +1 more

4 metrics

Shares sold 5,147 shares Open-market sale on June 9, 2026

Weighted average sale price $44.7399 per share Common stock sale

Price range of trades $44.55 to $45.01 Multiple transactions included in reported sale

Shares owned after transaction 35,200 shares Direct holdings following sale

Key Terms

Form 4, weighted average price, open-market sale, Common Stock par value $0.0001 per share

4 terms

Form 4 regulatory

"reported an open-market sale of 5,147 shares of common stock"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

weighted average price financial

"sold on June 9, 2026 at a weighted average price of $44.7399 per share"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"reported an open-market sale of 5,147 shares of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock par value $0.0001 per share financial

"Common Stock par value $0.0001 per share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SHOO executive Christina Ciglar report?

Christina Ciglar reported selling 5,147 SHOO shares in the open market. The sale involved common stock of Steven Madden, Ltd., executed as a routine Form 4 transaction and disclosed as a weighted average price sale across multiple trades.

At what price did Christina Ciglar sell Steven Madden (SHOO) shares?

The reported weighted average sale price was $44.7399 per SHOO share. According to the disclosure, individual sale prices ranged from $44.55 to $45.01, reflecting multiple trades executed within that price band on the transaction date.

How many Steven Madden (SHOO) shares does Christina Ciglar hold after the sale?

After the transaction, Christina Ciglar directly owns 35,200 SHOO shares. This post-transaction holding reflects her remaining direct ownership of Steven Madden common stock following the reported open-market sale of 5,147 shares.

When did the reported SHOO insider sale by Christina Ciglar occur?

The insider sale took place on June 9, 2026. On that date, Christina Ciglar executed multiple open-market trades in Steven Madden common stock, which together formed the 5,147-share sale disclosed in the Form 4 filing.

What does the weighted average price mean in this SHOO Form 4 filing?

The weighted average price summarizes multiple trades into one average figure. For Christina Ciglar’s SHOO sale, trades occurred between $44.55 and $45.01 per share, and the Form 4 reports a single weighted average price of $44.7399.

What type of transaction is coded "S" in the SHOO Form 4?

The transaction code “S” indicates an open-market or private sale of shares. In this SHOO filing, it reflects that Christina Ciglar sold common stock rather than acquiring shares, grants, or exercising stock options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Ciglar Christina

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock par value $0.0001 per share	06/09/2026		S		5,147	D	$44.7399(1)	35,200	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 $44.55 to $45.01, 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 Christina Ciglar	06/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)