4Filed Aug 3, 8:00 PM ET
Steven Madden (SHOO) Director Al Ferrara Sells 3,918 Shares
$SHOO · STEVEN MADDEN, LTD.Research Summary
AI-generated summary of this SEC filing
Steven Madden (SHOO) Director Al Ferrara Sells 3,918 Shares
What Happened
Al Ferrara, a director of Steven Madden, Ltd. (NASDAQ: SHOO), sold 3,918 shares on August 4, 2026. The weighted-average sale price was $48.26, for total proceeds of approximately $189,083. The filing indicates the shares were sold in multiple transactions (sale code S — open market or private sale).
Key Details
- Transaction date: 2026-08-04
- Price: weighted average $48.26; individual trade prices ranged from $48.24 to $48.28 (per footnote)
- Shares sold: 3,918 — proceeds ≈ $189,083
- Shares owned after transaction: Not specified in this filing
- Footnote: F1 notes the weighted-average price and that the seller can provide the number of shares sold at each price on request
- Timeliness: Report filed on 2026-08-04 (same day), indicating a timely report
Context
This was a sale by a company director. Sales are often routine (liquidity or portfolio reasons) and don’t necessarily indicate a change in company outlook. Purchases can be more informative as bullish signals; this filing documents a disposal of shares via multiple transactions.