secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001493152-22-036484
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steven Madden signs new 3-year contract for President Varela; Sinha becomes part-time EVP Ops
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- President Varela new 3-yr agreement (Jan 2023-Dec 2025): base salaries $775k (2023), $800k (2024), $825k (2025).
- Varela receives $1.1M restricted stock grant on Jan 3, 2023, vesting 25% annually over 4 years.
- President Varela eligible for EBIT-based annual bonus: 30% salary at threshold, 50% at target, 80% at max.
- Awadhesh Sinha becomes EVP Operations, part-time (2-3 days/wk), base salary $400k for 2023, discretionary bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315222036484/0001493152-22-036484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315222036484/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-036484

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer