Reed Arian Simone 4
Research Summary
AI-generated summary
Steven Madden (SHOO) Director Reed Arian Simone Sells 1,100 Shares
What Happened
Reed Arian Simone, a Director of Steven Madden, sold 1,100 shares of SHOO in an open-market transaction on 2026-06-15. The shares were disposed at $45.38 each for total proceeds of $49,913. This was a sale (transaction code S), which is often routine insider selling and does not by itself indicate company outlook.
Key Details
- Transaction date: 2026-06-15; filing date: 2026-06-16 (filed timely)
- Price per share: $45.38; shares sold: 1,100; proceeds: $49,913
- Transaction type: Open-market sale (S)
- Shares owned after transaction: Not specified in the provided filing excerpt
- No footnotes reported in the provided excerpt (no 10b5-1 plan or tax-withholding notes shown)
Context
Insider sales can be for many personal reasons (diversification, cash needs, tax planning) and are more common than informative purchases. Because this is a straightforward open-market sale with modest proceeds and no additional footnotes disclosed, it should be viewed as routine insider activity rather than a clear signal about company performance.