Restricted stock award boosts Steve Madden (SHOO) director holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIGLIORINI PETER reported acquisition or exercise transactions in this Form 4 filing.
STEVEN MADDEN, LTD. director Peter Migliorini received a grant of 2,964 shares of common stock as restricted stock compensation on May 20, 2026. The grant was made at no cash cost to him and increases his direct holdings to 20,830 shares.
The shares were issued under the Steven Madden, Ltd. 2019 Incentive Compensation Plan and will vest on May 20, 2027. Until vesting, the stock remains restricted and subject to forfeiture under the plan’s terms, highlighting that this is a time-based equity award rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MIGLIORINI PETER
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 — 20,830 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,964 shares
Grant price: $0.00 per share
Holdings after transaction: 20,830 shares
+1 more
4 metrics
Restricted stock grant
2,964 shares
Restricted common stock awarded on May 20, 2026
Grant price
$0.00 per share
Reported transaction price for restricted stock grant
Holdings after transaction
20,830 shares
Total direct common stock held after grant
Vesting date
May 20, 2027
Date when restricted stock will fully vest
Key Terms
restricted stock, 2019 Incentive Compensation Plan, vest, forfeiture
4 terms
restricted stock financial
"Reflects restricted stock grant made by Steven Madden, Ltd."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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 did Peter Migliorini report in this Form 4 for STEVEN MADDEN (SHOO)?
Peter Migliorini reported receiving 2,964 shares of restricted common stock as a compensation grant. The award was made on May 20, 2026 under the company’s 2019 Incentive Compensation Plan and increased his direct holdings to 20,830 shares after the transaction.
Was the SHOO director’s Form 4 transaction a stock purchase or a grant?
The transaction was a grant of restricted stock, not an open‑market purchase. The Form 4 classifies it as a grant or award acquisition, with 2,964 shares issued at a reported price of $0.00 per share under the 2019 Incentive Compensation Plan.
What plan governed the restricted stock grant reported for SHOO’s director?
The restricted stock grant was made under the Steven Madden, Ltd. 2019 Incentive Compensation Plan. This plan sets the terms for equity awards, including vesting on May 20, 2027 and potential forfeiture conditions applying until the restricted stock is fully vested.