Mazouzi Zine 4
Research Summary
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Steven Madden (SHOO) CFO Zine Mazouzi Receives Restricted Stock Award
What Happened Zine Mazouzi, Chief Financial Officer of Steven Madden, Ltd. (SHOO), received a grant of 7,969 restricted common shares on March 15, 2026 (code A — award/grant). On the same date 713 shares were disposed (code F) to satisfy tax withholding obligations at $31.37 per share, resulting in proceeds of $22,367 reported as disposed. The grant has an acquisition price of $0 (typical for restricted stock awards).
Key Details
- Transaction dates: March 15, 2026 (reported on Form 4 filed March 16, 2026).
- Grant: 7,969 restricted shares awarded (Acquired at $0.00).
- Tax withholding: 713 shares withheld/disposed at $31.37 each = $22,367.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: The 7,969 restricted shares were granted under the 2019 Incentive Compensation Plan and vest in substantially equal annual installments on March 15 of 2027, 2028, 2029, 2030 and 2031; shares remain subject to forfeiture until vested.
- F2: The 713 shares represent shares withheld to satisfy tax obligations related to the vesting of 1,977 restricted shares.
- Filing timeliness: Report filed the next day (March 16, 2026) for transactions dated March 15, 2026 (appears timely).
Context Restricted stock grants are compensation and not open-market purchases or sales; the award vests over five years, so the full grant is not immediately liquid. The withheld shares (code F) reflect tax withholding on vesting and are routine administrative actions, not necessarily an indication of the insider's view of the stock.