Rosenfeld Edward R. 4

What Happened

• Edward R. Rosenfeld, CEO of Steven Madden, Ltd. (SHOO), had 4,992 shares withheld on 2026-02-01 to satisfy tax obligations related to the vesting of restricted stock. The shares were valued at $43.88 each, totaling approximately $219,049. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-02 (appears timely).
• Shares withheld: 4,992 at $43.88 per share; total value ≈ $219,049.
• Reason: Withholding to satisfy taxes on the vesting of 12,107 restricted common shares (footnote F1).
• Footnote F2: The reporting person disclaims beneficial ownership of these securities as noted in the filing.
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4.

Context

• This was a tax-withholding event (common when restricted stock vests) — the company withheld a portion of vested shares to cover tax liabilities. It is not the same as an open-market sale and should not be interpreted alone as a buy/sell signal.