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Steven Madden (SHOO) President gets restricted stock grant and has shares withheld for taxes

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

Rhea-AI Filing Summary

STEVEN MADDEN, LTD. President Amelia Varela received a grant of 7,969 shares of common stock as restricted stock under the company’s 2019 Incentive Compensation Plan. These shares vest in substantially equal installments each March 15 from 2027 through 2031 and are subject to forfeiture until fully vested.

To cover tax obligations on the vesting of 1,977 previously granted restricted shares, 1,010 shares were withheld at a price of $31.37 per share. After these compensation-related transactions, Varela directly holds 219,632 shares of common stock.

Positive

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Negative

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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*
VARELA AMELIA

(Last) (First) (Middle)
C/O STEVEN MADDEN LTD
52-16 BARNETT AVENUE

(Street)
LONG ISLAND CITY NY 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)
03/15/2026
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 03/15/2026 A 7,969(1) A $0 220,642 D
Common Stock par value $0.0001 per share 03/15/2026 F 1,010(2) D $31.37 219,632 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. Reflects restricted stock grant made by Steven Madden, Ltd. (the "Company") to the reporting person on March 15, 2026 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and cease to be restricted in substantially equal installments on March 15, 2027, March 15, 2028, March 15, 2029, March 15, 2030 and March 15, 2031, and until fully vested will be subject to forfeiture pursuant to the terms of the Plan.
2. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,977 shares of restricted common stock of Steven Madden, Ltd.
/s/ Mike Lomenzo, Attorney-in-Fact for Amelia Varela 03/16/2026
** 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.

FAQ

What insider transactions did Steven Madden (SHOO) President Amelia Varela report?

Amelia Varela reported a grant of 7,969 restricted shares of Steven Madden common stock and the withholding of 1,010 shares to satisfy taxes on the vesting of 1,977 earlier restricted shares. These transactions are compensation-related, not open-market trades.

How will Amelia Varela’s new restricted shares at Steven Madden (SHOO) vest?

The 7,969 restricted shares granted to Amelia Varela will vest in substantially equal installments on March 15 of 2027, 2028, 2029, 2030, and 2031. Until fully vested, the stock remains restricted and subject to forfeiture under the company’s 2019 incentive plan.

Why were 1,010 Steven Madden (SHOO) shares withheld from Amelia Varela?

The 1,010 Steven Madden shares were withheld to satisfy Amelia Varela’s tax obligations arising from the vesting of 1,977 previously granted restricted shares. This tax withholding is a non-market disposition typically used to cover income and payroll taxes on equity compensation.

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

Following the restricted stock grant and related tax withholding, Amelia Varela directly holds 219,632 shares of Steven Madden common stock. This figure reflects her updated ownership position after the compensation award and the shares withheld to cover associated tax liabilities.

Are Amelia Varela’s recent Steven Madden (SHOO) transactions open-market buys or sells?

No, the reported transactions are not open-market buys or sells. They involve a restricted stock grant of 7,969 shares as compensation and the withholding of 1,010 shares to pay taxes on vesting, both standard equity compensation mechanics rather than discretionary market trades.
Madden Steven Ltd

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2.35B
71.35M
Footwear & Accessories
Footwear, (no Rubber)
Link
United States
LONG ISLAND CITY