Keith Lisa 4

What Happened

• Lisa Keith, EVP, General Counsel and Secretary of Steven Madden, Ltd. (SHOO), had 1,589 shares disposed/withheld to satisfy tax obligations related to the vesting of restricted stock. The withholding was recorded on Feb 1, 2026 at $43.88 per share, for a value of $69,725.
• Footnote in the filing states the withholding related to the vesting of 3,912 restricted shares, meaning 2,323 shares were net-delivered to Ms. Keith after the tax withholding.

Key Details

• Transaction date: 2026-02-01; Filing date: 2026-02-02 (timely filing).
• Price: $43.88 per share; Shares withheld/disposed: 1,589; Reported value: $69,725.
• Footnote F1: Withheld shares satisfy tax obligations from vesting of 3,912 restricted common shares.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Transaction code F denotes tax withholding (not an open-market sale or purchase).

Context

• This was a routine tax-withholding action tied to restricted stock vesting (a common, non-speculative administrative transaction), not an open-market sale or a purchase signal.
• Because part of the vested award was withheld for taxes rather than sold in the market, it does not necessarily reflect a decision to liquidate holdings.