Director at Steven Madden (SHOO) receives 2,964-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ferrara Al reported acquisition or exercise transactions in this Form 4 filing.
STEVEN MADDEN, LTD. director Al Ferrara received a grant of 2,964 shares of common stock as equity compensation. The restricted stock was granted at a stated price of $0.00 per share and increases his direct holdings to 30,115 shares. These shares will vest on May 20, 2027 and are subject to forfeiture under the company’s 2019 Incentive Compensation Plan until fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ferrara Al
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 2,964 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 30,115 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,964 shares
Grant price per share: $0.00 per share
Holdings after grant: 30,115 shares
+1 more
4 metrics
Restricted stock grant
2,964 shares
Common Stock grant on May 20, 2026
Grant price per share
$0.00 per share
Stated price for the restricted stock award
Holdings after grant
30,115 shares
Total direct common stock held by Al Ferrara after transaction
Vesting date
May 20, 2027
Date when restricted stock will vest and cease to be restricted
Key Terms
restricted stock grant, 2019 Incentive Compensation Plan, vest, forfeiture
4 terms
restricted stock grant financial
"Reflects restricted stock grant made by Steven Madden, Ltd. to the reporting person"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
2019 Incentive Compensation Plan financial
"under the Steven Madden, Ltd. 2019 Incentive Compensation Plan"
vest financial
"which stock will vest and cease to be restricted on May 20, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
forfeiture financial
"until fully vested will be subject to forfeiture pursuant to the terms of the Plan"
FAQ
What insider transaction did Al Ferrara report for STEVEN MADDEN, LTD. (SHOO)?
Al Ferrara reported receiving a grant of 2,964 shares of Steven Madden common stock as equity compensation. The award was classified as a grant or other acquisition, not an open-market purchase or sale, and was made under the company’s 2019 Incentive Compensation Plan.
At what price was Al Ferrara’s Steven Madden (SHOO) stock grant recorded?
The 2,964-share restricted stock grant to Al Ferrara was recorded at a stated price of $0.00 per share. This reflects a compensation award rather than a cash purchase in the open market, consistent with typical equity incentives for company directors.
Is Al Ferrara’s Steven Madden (SHOO) Form 4 transaction a market buy or sell?
The Form 4 transaction is an equity grant, not a market buy or sell. It is coded as a grant, award, or other acquisition, meaning the shares were issued as compensation under the company’s incentive plan rather than acquired or disposed of in open-market trading.