Steven Madden (SHOO) President Varela sells 10,000 shares in open market

Rhea-AI Filing Summary

STEVEN MADDEN, LTD. President and director Amelia Varela reported an open-market sale of company stock. She sold 10,000 shares of common stock in a transaction dated June 3, 2026 at a weighted average price of $43.445 per share, with individual trades executed between $43.35 and $43.65. After this sale, she directly holds 209,632 shares of common stock. The filing notes that detailed trade-by-trade pricing information is available upon request.

Insider Trade Summary

Net Seller: 10,000 shares ($434,450)

Net Sell 1 txn

Insider VARELA AMELIA

Role President

Sold 10,000 shs ($434K)

Type	Security	Shares	Price	Value
Sale	Common Stock par value $0.0001 per share	10,000	$43.445	$434K

Holdings After Transaction: Common Stock par value $0.0001 per share — 209,632 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 10,000 shares Weighted average sale price: $43.445 per share Price range of sales: $43.35 to $43.65 +1 more

4 metrics

Shares sold 10,000 shares Open-market sale on June 3, 2026

Weighted average sale price $43.445 per share Sale of 10,000 shares

Price range of sales $43.35 to $43.65 Multiple transactions within this range

Shares held after transaction 209,632 shares Direct ownership following sale

Key Terms

open-market sale, weighted average price, Common Stock par value $0.0001 per share

3 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock par value $0.0001 per share financial

"security_title: "Common Stock par value $0.0001 per share""

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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 NEW YORK 11104

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/03/2026		S		10,000	D	$43.445(1)	209,632	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.35 to $43.65, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Mike Lomenzo, Attorney-in-Fact for Amelia Varela	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SHOO President Amelia Varela report?

Amelia Varela reported an open-market sale of 10,000 shares of STEVEN MADDEN, LTD. common stock. The transaction occurred on June 3, 2026 and reflects routine portfolio activity by a senior executive and director.

At what price did Amelia Varela sell SHOO shares in this Form 4?

She sold the 10,000 shares at a weighted average price of $43.445 per share. Individual trades were executed in a range between $43.35 and $43.65, according to the transaction footnote.

How many SHOO shares does Amelia Varela own after the reported sale?

Following the 10,000-share sale, Amelia Varela directly holds 209,632 shares of STEVEN MADDEN, LTD. common stock. This post-transaction holding is disclosed in the Form 4 as her direct ownership position.

Was the SHOO insider transaction a buy or sell by Amelia Varela?

The filing shows a sell transaction. Specifically, it records an open-market sale of 10,000 shares of STEVEN MADDEN, LTD. common stock by President and director Amelia Varela on June 3, 2026.

What does weighted average price mean in Amelia Varela’s SHOO Form 4?

Weighted average price of $43.445 means multiple trades executed between $43.35 and $43.65 were averaged. The Form 4 notes she can provide full details of shares sold at each specific price upon request.