Steve Madden CEO reports tax share withholding

Steven Madden, Ltd. CEO Edward R. Rosenfeld reported tax-related share dispositions rather than open-market sales.

Accepted by SEC EDGAR 03/02/2026 - 04:46 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Steven Madden, Ltd. CEO Edward R. Rosenfeld reported tax-related share dispositions rather than open-market sales. On March 1, 2026, a total of 5,594, 8,554 and 9,565 shares of common stock at $36.10 per share were withheld to cover tax obligations upon vesting of 10,114, 15,468 and 17,296 restricted shares. After these entries, he holds 714,946 shares directly and 234,000 shares indirectly through the Rosenfeld 2021 Family Trust, for which he disclaims beneficial ownership.

Insider Trade Summary

Exercise Price or Tax Liability: 23,713 shares

Exercise Price or Tax Liability 3 txns

Insider Rosenfeld Edward R.

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock par value $0.0001 per share	5,594	$36.10	$202K
Exercise Price or Tax Liability	Common Stock par value $0.0001 per share	8,554	$36.10	$309K
Exercise Price or Tax Liability	Common Stock par value $0.0001 per share	9,565	$36.10	$345K
Holding	Common Stock par value $0.0001 per share	--	--	--

Holdings After Transaction: Common Stock par value $0.0001 per share — 714,946 shares (Direct); Common Stock par value $0.0001 per share — 234,000 shares (Indirect, By Rosenfeld 2021 Family Trust)

Holdings Before and After: Common Stock par value $0.0001 per share, 738,659 to 714,946 shares (Direct)

Footnotes (4)

1. F1. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 10,114 shares of restricted common stock of Steven Madden, Ltd.
2. F2. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 15,468 shares of restricted common stock of Steven Madden, Ltd.
3. F3. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 17,296 shares of restricted common stock of Steven Madden, Ltd.
4. F4. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.

FAQ

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

What insider transactions did Steve Madden (SHOO) CEO Edward Rosenfeld report?

Edward Rosenfeld reported tax-withholding dispositions, not open-market trades. On March 1, 2026, shares of Steven Madden common stock were withheld to satisfy tax obligations related to vesting restricted stock, while he retained substantial direct and indirect ownership positions afterward.

How many Steve Madden (SHOO) shares were withheld for Edward Rosenfeld’s taxes?

A total of 5,594, 8,554 and 9,565 Steven Madden shares were withheld. These withholdings occurred at $36.10 per share to cover tax obligations triggered when 10,114, 15,468 and 17,296 restricted shares vested for the company’s chief executive officer.

Did the Steve Madden (SHOO) CEO sell shares on the open market in this Form 4?

The Form 4 shows tax-withholding dispositions, not open-market sales. Shares were automatically withheld at $36.10 per share to pay taxes when restricted stock vested, which is a common administrative mechanism rather than a discretionary sale decision by the executive.

How many Steve Madden (SHOO) shares does Edward Rosenfeld hold after these transactions?

Following the reported tax-withholding entries, Edward Rosenfeld holds 714,946 Steven Madden common shares directly. He is also reported with 234,000 shares held indirectly through the Rosenfeld 2021 Family Trust, while formally disclaiming beneficial ownership of those trust-held securities.

What is the role of the Rosenfeld 2021 Family Trust in Steve Madden (SHOO) holdings?

The Rosenfeld 2021 Family Trust holds 234,000 Steven Madden shares as an indirect position. The Form 4 notes that Edward Rosenfeld disclaims beneficial ownership of these securities, meaning he does not concede they should be treated as personally owned for Section 16 or other legal purposes.

What does transaction code F mean in the Steve Madden (SHOO) Form 4?

Transaction code F represents payment of exercise price or tax liability by delivering securities. In this filing, it reflects Steve Madden shares withheld at $36.10 each to satisfy Edward Rosenfeld’s tax obligations when specific blocks of restricted common stock vested on March 1, 2026.

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^*

Rosenfeld Edward R.

(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)

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

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		5,594(1)	D	$36.1	733,065	D
Common Stock par value $0.0001 per share	03/01/2026		F		8,554(2)	D	$36.1	724,511	D
Common Stock par value $0.0001 per share	03/01/2026		F		9,565(3)	D	$36.1	714,946	D
Common Stock par value $0.0001 per share								234,000(4)	I	By Rosenfeld 2021 Family Trust

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 10,114 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 15,468 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 17,296 shares of restricted common stock of Steven Madden, Ltd.

4. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.

	/s/ Mike Lomenzo, Attorney-in-Fact for Edward R. Rosenfeld	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.
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