Steven Madden Director Sells $120,384 in Stock

Arian Simone Reed reduces stake by 29.26% through stock sale

Mar. 12, 2026 at 11:11pm

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Steven Madden, Ltd. (NASDAQ:SHOO) Director Arian Simone Reed sold 3,600 shares of the company's stock on March 12th, 2026 for a total value of $120,384. Following the transaction, Reed now owns 8,705 shares in the company, valued at approximately $291,095.20. This represents a 29.26% decrease in Reed's position.

Why it matters

Insider transactions, such as stock sales by directors, can provide insight into a company's performance and management's confidence in the business. Reed's sale of a significant portion of her Steven Madden shares may signal a shift in the director's outlook on the company's prospects.

The details

The stock was sold at an average price of $33.44 per share. The transaction was disclosed in a filing with the Securities and Exchange Commission. Steven Madden is a designer and marketer of fashion footwear, handbags and accessories, with a portfolio of brands that includes its core Steve Madden label as well as Madden Girl and Dolce Vita.

  • The stock sale occurred on Thursday, March 12th, 2026.

The players

Arian Simone Reed

A director of Steven Madden, Ltd.

Steven Madden, Ltd.

A New York-based designer and marketer of fashion footwear, handbags and accessories.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This insider transaction highlights the potential shift in sentiment around Steven Madden's prospects, as a director reduces their stake in the company. Investors will likely watch for any further changes in insider ownership or other signals about the company's performance and outlook.