Steven Madden (SHOO) director sells 1,100 shares in open-market trade

Rhea-AI Filing Summary

STEVEN MADDEN, LTD. director Reed Arian Simone reported an open-market sale of Common Stock. On June 15, 2026, Simone sold 1,100 shares at $45.375 per share. After this transaction, Simone directly owns 9,446 shares of Common Stock, indicating a routine adjustment to her personal holdings.

Insider Trade Summary

Net Seller: 1,100 shares ($49,913)

Net Sell 1 txn

Insider Reed Arian Simone

Role null

Sold 1,100 shs ($50K)

Type	Security	Shares	Price	Value
Sale	Common Stock par value $0.0001 per share	1,100	$45.375	$50K

Holdings After Transaction: Common Stock par value $0.0001 per share — 9,446 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 1,100 shares Sale price: $45.375 per share Shares owned after sale: 9,446 shares +2 more

5 metrics

Shares sold 1,100 shares Open-market sale on June 15, 2026

Sale price $45.375 per share Price for the 1,100 shares sold

Shares owned after sale 9,446 shares Total direct holdings following the transaction

Transaction code S Sale in open market or private transaction

Net share change -1,100 shares Net-sell direction in transaction summary

Key Terms

open-market sale, Common Stock par value $0.0001 per share, Form 4, transaction code "S"

4 terms

open-market sale financial

"transaction_action is described as an open-market sale of common stock"

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.

Common Stock par value $0.0001 per share financial

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

Form 4 regulatory

"insider transaction is reported on Form 4 for Reed Arian Simone"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" regulatory

"transaction_code is "S", indicating a sale in open market"

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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^*

Reed Arian Simone

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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	06/15/2026		S		1,100	D	$45.375	9,446	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:

	/s/ Mike Lomenzo, Attorney-in-Fact for Arian Simone Reed	06/16/2026
	** 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 STEVEN MADDEN (SHOO) disclose for Reed Arian Simone?

Director Reed Arian Simone reported an open-market sale of 1,100 shares of STEVEN MADDEN common stock. The transaction was recorded at a price of $45.375 per share on June 15, 2026.

At what price did Reed Arian Simone sell SHOO shares?

Reed Arian Simone sold 1,100 SHOO common shares at $45.375 per share. This was an open-market sale reported on Form 4 and reflects the actual per-share transaction price disclosed.

How many SHOO shares does Reed Arian Simone hold after the reported sale?

Following the sale, Reed Arian Simone directly owns 9,446 shares of STEVEN MADDEN common stock. This post-transaction holding is explicitly stated in the Form 4 as total shares following the transaction.

Was the Reed Arian Simone SHOO transaction a purchase or a sale?

The transaction was a sale of STEVEN MADDEN common stock. The Form 4 classifies it as an open-market sale, coded “S,” with 1,100 shares sold at $45.375 per share on June 15, 2026.

What type of security did Reed Arian Simone trade in the SHOO Form 4?

Reed Arian Simone traded STEVEN MADDEN Common Stock with a par value of $0.0001 per share. The Form 4 identifies this as a non-derivative security, confirming it was a direct equity sale.