Steven Madden (SHOO) EVP has 581 shares withheld to cover taxes
Rhea-AI Filing Summary
STEVEN MADDEN, LTD. executive Lisa Keith, EVP, General Counsel and Secretary, reported a transaction where 581 shares of common stock were withheld at $46.08 per share to satisfy tax obligations arising from the vesting of 1,609 restricted common shares. After this tax-withholding disposition, she directly holds 25,149 shares of Steven Madden common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 581 shares
Net Sell
1 txn
Insider
Keith Lisa
Role
EVP, Gen. Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock par value $0.0001 per share F1 | 581 | $46.08 | $27K |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 25,149 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,609 shares of restricted common stock of Steven Madden, Ltd.
Key Figures
Shares withheld for taxes: 581 shares
Per-share value of withheld shares: $46.08 per share
Shares held after transaction: 25,149 shares
+1 more
4 metrics
Shares withheld for taxes
581 shares
Common stock withheld on 2026-08-01 to satisfy tax obligations
Per-share value of withheld shares
$46.08 per share
Valuation used for the 581 shares withheld for taxes
Shares held after transaction
25,149 shares
Direct holdings of Lisa Keith following the tax-withholding disposition
Restricted shares vested
1,609 shares
Restricted common stock vesting that triggered the tax withholding
Key Terms
restricted common stock, par value $0.0001 per share, tax obligations
3 terms
restricted common stock financial
"vesting of 1,609 shares of restricted common stock of Steven Madden, Ltd."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
tax obligations financial
"shares withheld to satisfy the reporting person's tax obligations in connection"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SHOO executive Lisa Keith report?
Lisa Keith reported a tax-related disposition where 581 shares of Steven Madden common stock were withheld at $46.08 per share. The shares covered taxes triggered by the vesting of 1,609 restricted common shares, rather than an open-market sale.
Was the SHOO insider transaction a sale on the open market?
No, the transaction involved 581 shares withheld to satisfy tax obligations, not an open-market sale. The disposition was connected to the vesting of 1,609 restricted common shares granted to executive Lisa Keith as compensation.