VARELA AMELIA 4

What Happened

• Amelia Varela, President and Director of Steven Madden, Ltd. (ticker: SHOO), had a total of 2,009 shares withheld on March 1, 2026 to satisfy tax obligations tied to the vesting of restricted common stock. The withholdings were recorded as dispositions at $36.10 per share, generating a combined value of $72,525.
• The withholding occurred across three entries: 659 shares ($23,790), 736 shares ($26,570) and 614 shares ($22,165). These represent tax-withholding (not an open-market sale) following the vesting of restricted stock awards.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-02 (timely filing).
• Price per share: $36.10 for all three entries.
• Total withheld: 2,009 shares for total value $72,525.
• Footnotes: F1–F3 state the withholdings satisfied tax obligations for the vesting of 1,289; 1,441; and 1,201 restricted shares, respectively (total vesting = 3,931 shares).
• Shares owned after the transactions: not provided in the excerpt supplied.
• Transaction code: F (shares withheld to satisfy tax withholding on vesting).

Context

• This is a routine tax-withholding (net settlement) event tied to restricted stock vesting, not an open-market sale or purchase. Such withholdings are standard and do not necessarily indicate buying or selling intent by the insider.
• For investors tracking insider activity, purchases or open-market sales typically convey clearer sentiment; tax withholding on vesting is administrative.