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Steven Madden(SHOO.US) Officer Sells US$2.01 Million in Common Stocks

moomoo News ·  Mar 18 16:54

$Steven Madden (SHOO.US)$ Officer Rosenfeld Edward R. sold 48,500 shares of Common Stocks on Mar 15, 2024 at an average price of $41.4875 for a total value of $2.01 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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