Steven Madden (SHOO) EVP Lisa Keith Withholds 581 Shares for Taxes

What Happened
Lisa Keith, EVP, General Counsel and Secretary of Steven Madden, Ltd. (SHOO), had 581 shares of company common stock withheld to satisfy tax obligations tied to the vesting of restricted stock. The withheld shares were recorded at $46.08 per share, for a total value of $26,772. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-08-01; filing date (Form 4): 2026-08-03 (appears timely).
• Shares withheld/disposed: 581 at $46.08 each; total value $26,772.
• Footnote: withholding satisfied taxes on the vesting of 1,609 restricted common shares.
• Shares owned after transaction: not specified in the filing.
• Transaction code F = shares withheld to satisfy tax withholding on vested restricted stock (routine administrative action).

Context
Tax-withholding by withholding or surrendering vested shares is a common, administrative transaction and does not necessarily indicate a change in the insider’s view of the company. This was not a market sale or purchase; it simply fulfilled tax obligations tied to a compensation event.