Steven Madden (SHOO) CFO disposes shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Steven Madden, Ltd. Chief Financial Officer Mazouzi Zine reported four tax-withholding dispositions of common stock related to the vesting of restricted shares. The shares were withheld at $36.10 per share to cover tax obligations, leaving 58,666 shares of common stock owned directly after the final transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mazouzi Zine
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock par value $0.0001 per share | 365 | $36.10 | $13K |
| Tax Withholding | Common Stock par value $0.0001 per share | 465 | $36.10 | $17K |
| Tax Withholding | Common Stock par value $0.0001 per share | 520 | $36.10 | $19K |
| Tax Withholding | Common Stock par value $0.0001 per share | 433 | $36.10 | $16K |
Holdings After Transaction:
Common Stock par value $0.0001 per share — 60,084 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,011 shares of restricted common stock of Steven Madden, Ltd. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,289 shares of restricted common stock of Steven Madden, Ltd. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,441 shares of restricted common stock of Steven Madden, Ltd. Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,201 shares of restricted common stock of Steven Madden, Ltd.
FAQ
What did Steven Madden (SHOO) CFO Mazouzi Zine report on this Form 4?
Mazouzi Zine reported four tax-withholding dispositions of Steven Madden common stock. The transactions satisfied tax obligations from vesting restricted stock, rather than open-market sales, and left him directly holding 58,666 common shares after the final transaction.
Were Mazouzi Zine’s SHOO transactions open-market buys or sells?
The transactions were not open-market trades; they were coded “F” for tax-withholding dispositions. Shares were withheld by the issuer at $36.10 per share to cover tax obligations from vesting restricted stock awards granted by Steven Madden, Ltd.