secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001493152-23-041499
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steven Madden Ltd. extends founder's contract to 2031 with salary increases; new CFO agreement with Zine Mazouzi
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- Founder Steven Madden’s employment extended through Dec 2031; base salary steps: $7.03M (2023-2026), $7.38M (2027-2028), $7.75M (2029-2031).
- Madden receives annual restricted stock grants: $10M each for 2024-2026 and $9M each for 2027-2031.
- CFO Zine Mazouzi new 3-year agreement from Jan 2024 with base salaries: $675K (2024), $700K (2025), $725K (2026).
- Mazouzi gets restricted stock: $200K in Dec 2023 and $1M in Jan 2024, vesting 20% per year.
- Mazouzi eligible for annual EPS-based bonus: max 90% of salary at 130% of EPS plan target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315223041499/0001493152-23-041499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315223041499/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-041499

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