Davis Peter Allan 4

What Happened
Davis Peter Allan, a director of Steven Madden, Ltd. (SHOO), sold 3,030 shares in an open-market transaction on May 22, 2026. The weighted-average sale price was $41.98 per share, producing total proceeds of approximately $127,209. This was a sale (a disposition), not a purchase.

Key Details

• Transaction date: 2026-05-22 (reported on Form 4 filed 2026-05-26). The filing appears timely (within the SEC’s two-business-day reporting window).
• Transaction type: Open-market sale (Code S).
• Shares sold: 3,030 shares.
• Price: Weighted average $41.98; individual sale prices ranged from $41.982 to $42.00 (see footnote). The filer offers to provide a breakdown of the number of shares sold at each price on request.
• Proceeds: ~$127,209.
• Shares owned after transaction: Not specified in the information provided.

Context
Open-market sales by directors are common and do not necessarily indicate a change in view about the company; they can reflect personal liquidity needs, portfolio rebalancing, or other non-company reasons. The filing notes the weighted-average price range and offers to provide detailed per-trade pricing on request.