{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-011254","form_type":"8-K","ticker":"SHOO","cik":"0000913241","company_name":"STEVEN MADDEN, LTD.","filed_at":"2023-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.778386+00:00","generated_at":"2026-06-17T05:34:38.980184+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Steven Madden adds CIT as receivables collection agent, enters factoring agreement","bullets":["$150M revolving credit facility unchanged, matures March 20, 2027; no loans outstanding.","CIT added as non-exclusive collection agent; assumes credit risk on approved receivables.","Factoring fee: 0.15% of gross face amount for standard terms; additional fees for non-standard or foreign receivables.","Factoring agreement terminable by either party with 60 days' notice after one year; CIT can terminate immediately on certain events.","Madden Entities pledged receivables under factoring agreement to secure credit agreement obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-011254","json":"https://secwatch.observer/filing/0001493152-23-011254.json","markdown":"https://secwatch.observer/filing/0001493152-23-011254.md","text":"https://secwatch.observer/filing/0001493152-23-011254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/913241/000149315223011254/0001493152-23-011254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/913241/000149315223011254/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:34:38.980184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1f592fe1a8a9aed86249fd6e0d3b4b15a15a0ef2","claim":"STEVEN MADDEN, LTD. entered into Credit Approved Receivables Purchasing Agreement with The CIT Group/Commercial Services, Inc. (effective 2023-04-03).","evidence_excerpt":"On April 3, 2023, the Company also entered into a Credit Approved Receivables Purchasing Agreement (the “Factoring Agreement”) among the Company, certain subsidiaries of the Company (collectively with the Company, the “Madden Entities”), and CIT.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/913241/000149315223011254/0001493152-23-011254-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"The CIT Group/Commercial Services, Inc."},{"label":"Effective","value":"2023-04-03"}],"fact_type":"material_agreement"},{"claim_id":"fb07a43c98923a2f177cfee844392b333e4f2a35","claim":"STEVEN MADDEN, LTD. amended Second Amendment to Credit Agreement with Citizens Bank, N.A., as administrative agent valued at $150 million (effective 2023-04-03).","evidence_excerpt":"On April 3, 2023, Steven Madden, Ltd. (the “Company”) and certain subsidiaries of the Company acting as guarantors (the “Guarantors”) entered into a Second Amendment to Credit Agreement (the “Amendment”) that amended the Company’s Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/913241/000149315223011254/0001493152-23-011254-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citizens Bank, N.A., as administrative agent"},{"label":"Value","value":"$150 million"},{"label":"Effective","value":"2023-04-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}