VARELA AMELIA 4
4 · STEVEN MADDEN, LTD. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Steven Madden (SHOO) President Amelia Varela Receives Restricted Shares
What Happened Amelia Varela, President and Director of Steven Madden, Ltd. (SHOO), was granted 7,969 restricted shares on March 15, 2026 (transaction code A). On the same date, 1,010 shares were withheld/disposed (transaction code F) to satisfy tax obligations at $31.37 per share, producing proceeds of $31,684. The restricted shares will vest in substantially equal installments on March 15 of 2027, 2028, 2029, 2030 and 2031 and remain subject to forfeiture until vested.
Key Details
- Transaction dates: March 15, 2026 (grant and tax withholding).
- Grant: 7,969 restricted shares (price reported as $0 — award/compensation).
- Withholding: 1,010 shares withheld at $31.37/share = $31,684 (disposition for tax withholding).
- Footnotes: F1 describes the five-year vesting schedule (2027–2031). F2 states the withheld shares relate to tax obligations in connection with the vesting of 1,977 shares.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: Report filed March 16, 2026 for transactions on March 15, 2026 (appears timely).
Context This filing documents a standard restricted stock award and associated tax withholding (share surrender), not an open-market sale. Tax-withholding dispositions are routine for vested awards and do not necessarily indicate any change in insider sentiment.
Insider Transaction Report
- Award
Common Stock par value $0.0001 per share
[F1]2026-03-15+7,969→ 220,642 total - Tax Payment
Common Stock par value $0.0001 per share
[F2]2026-03-15$31.37/sh−1,010$31,684→ 219,632 total
Footnotes (2)
- [F1]Reflects restricted stock grant made by Steven Madden, Ltd. (the "Company") to the reporting person on March 15, 2026 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and cease to be restricted in substantially equal installments on March 15, 2027, March 15, 2028, March 15, 2029, March 15, 2030 and March 15, 2031, and until fully vested will be subject to forfeiture pursuant to the terms of the Plan.
- [F2]Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 1,977 shares of restricted common stock of Steven Madden, Ltd.