Steven Madden (SHOO) President Amelia Varela Sells 15,000 Shares

What Happened

• Amelia Varela, President and Director of Steven Madden, Ltd. (SHOO), reported a disposition of 15,000 shares on August 5, 2026. The filing shows a weighted-average sale price of $48.59 per share for total proceeds of approximately $728,801. The Form 4 classifies the transaction as an "open market or private sale" (code S).

Key Details

• Transaction date: 2026-08-05
• Transaction type: Sale (Form 4 code S), reported as "open market or private sale"
• Reported weighted-average price: $48.59 per share; total proceeds ≈ $728,801
• Price range disclosed in footnote: $48.5701 to $48.6001; the weighted average reflects multiple trades (see footnote F1)
• Shares owned after transaction: Not specified in this Form 4
• Footnote: F1 explains the reported price is a weighted average and that Ms. Varela will provide a breakdown of quantities at each price upon request by the company, shareholders, or the SEC staff
• Filing timeliness: Period of report and filing date are both 2026-08-05 (filed timely)

Context

• This is a direct sale of shares. Sales by insiders can be routine (e.g., diversification or tax needs) and do not by themselves indicate management’s view of the company’s prospects. No option exercises, awards, or gifts are involved in this filing.