Steven Madden (SHOO) Director Peter Allan Sells 525 Shares

What Happened

Director Peter Allan reported an open-market sale of 525 shares of Steven Madden, Ltd. (SHOO) on 2026-08-04. The shares were sold at $48.30 per share for reported proceeds of about $25,360. This was a sale (code S), which is a disposition of holdings rather than a purchase.

Key Details

• Date: 2026-08-04
• Transaction type: Open-market sale (S)
• Shares sold: 525
• Price per share: $48.30
• Reported proceeds: ~$25,360 (525 × $48.30 = $25,357.50)
• Shares owned after transaction: Not disclosed in the provided filing summary
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the supplied data
• Filing timeliness: Report filed the same day (Period of Report and filing date both 2026-08-04), suggesting a timely Form 4

Context

This is a relatively small, routine insider sale in dollar terms. Sales by insiders can reflect personal liquidity needs and do not necessarily indicate a change in company fundamentals; purchases tend to be more informative about insider sentiment. Retail investors should consider this alongside other insider transactions and company news before drawing conclusions.