Trade Summary
3 days ago, Reed Arian Simone, serving as Dir at Steven Madden, Ltd. (SHOO), sold 3,600 shares at $33.44 per share, for a total transaction value of $120,374.00. Following this transaction, Reed Arian Simone now holds 8,705 shares of SHOO.
This sale represents a 29.00% decrease in Reed Arian Simone's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, meaning the disclosure happened on the same day as the trade.
Steven Madden, Ltd. operates in the CONSUMER CYCLICAL sector, specifically within the FOOTWEAR & ACCESSORIES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.