Ciglar Christina 4

What Happened

• Christina Ciglar, Chief Product Officer of Steven Madden, Ltd. (SHOO), sold 5,147 shares on June 9, 2026. The Form 4 reports a weighted-average price of $44.74, resulting in proceeds of approximately $230,276. This was a sale (insider disposition), not a purchase or option exercise.

Key Details

• Transaction date: June 9, 2026.
• Price: weighted-average $44.74 per share; reported range $44.55 to $45.01 (see footnote).
• Shares sold: 5,147; approximate proceeds: $230,276.
• Shares owned after transaction: not specified in this filing.
• Footnote: The reported price is a weighted average across multiple transactions; the filer says she will provide details of the number of shares sold at each price within the stated range upon request.
• Timeliness: Filing was submitted on June 10, 2026 for a June 9 transaction — appears timely (no late-file flag).

Context

• This was an open-market sale (insider disposition). Sales by executives are common and can reflect routine cash needs, diversification, or other personal reasons; they do not by themselves signal company performance.
• No option exercise, award, gift, or tax-withholding event was reported here — just a straight sale (transaction code S).