Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJonathan Ponciano, The Motley FoolSat, June 27, 2026 at 7:50 PM GMT+2 4 min readPeter Migliorini, Director at Steven Madden (NASDAQ:SHOO), reported the sale of 4,000 shares of common stock in an open-market transaction on June 15, 2026, according to the SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)4,000Transaction value$181,200Post-transaction shares (direct)16,830Post-transaction value (direct ownership)$764,000Transaction value based on SEC Form 4 reported price ($45.30); post-transaction value based on June 15, 2026 market close ($45.42).Key questionsHow does the size of this sale compare to Migliorini's previous transactions?This 4,000-share sale is the largest in the past two years, modestly above his prior sell-only event sizes, which have ranged from 3,000 to 3,989 shares, and aligns with the reduction in available shares since 2023.What portion of Migliorini's direct equity exposure remains after this transaction?Following this sale, Migliorini continues to hold 16,830 shares directly.Was this transaction part of a multi-year pattern or a deviation from typical activity?Migliorini has consistently made one to two sales per year since 2023; this transaction fits his historical cadence rather than reflecting an abrupt increase in sales activity.Does Migliorini have any remaining economic interest in other share classes?The filing shows Migliorini holds 16,830 shares of common stock directly, and retains these as a continuing economic interest; no additional share classes or indirect holdings are reported.Company overviewMetricValueRevenue (TTM)$2.63 billionNet income (TTM)$76.06 millionDividend yield2%1-year price change81%Company snapshotSteven Madden offers contemporary footwear, accessories, and apparel under proprietary and licensed brands, with products spanning shoes, handbags, small leather goods, and fashion accessories.The firm generates revenue through a diversified model encompassing wholesale distribution, direct-to-consumer retail (including e-commerce), licensing, and private label manufacturing for third parties.It targets a broad customer base across women, men, and children, serving department stores, mass merchants, specialty boutiques, and consumers through both physical stores and digital platforms.Steven Madden is a leading global designer and marketer in the footwear and accessories sector, operating with a multi-channel approach that balances wholesale, direct-to-consumer, and licensing streams. The company leverages a portfolio of recognized brands and a robust retail footprint to address evolving consumer preferences in the fashion industry. Its strategy emphasizes brand diversity, innovation, and an agile supply chain to maintain competitive advantage and drive growth across domestic and international markets.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info