Keith Lisa 4

What Happened Lisa Keith, EVP, General Counsel and Secretary of Steven Madden, Ltd. (SHOO), had 94 shares withheld on March 1, 2026 to satisfy tax obligations tied to the vesting of 258 restricted shares. The withheld shares were recorded at $36.10 each for a total value of $3,393. This was a tax-withholding disposition related to a restricted stock vesting event, not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-01; Price per share: $36.10; Shares withheld/disposed: 94; Reported value: $3,393.
• Vesting: withholding was in connection with the vesting of 258 restricted common shares (footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Filing date/accession: Form 4 filed 2026-03-02 (timely filing; Form 4s are normally due within two business days).
• Footnote: F1 — shares withheld to satisfy reporting person’s tax obligations on vesting.

Context Withholding shares to cover taxes is a routine administrative action when restricted stock vests; the withheld shares reduce the net shares the insider receives and are reported as a disposition on Form 4. This transaction does not necessarily indicate a change in the insider’s view of the company’s prospects.