secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2026-01-09T23:59:59+00:00
Accession:  0001493152-26-001108
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steven Madden enters new 3-year employment agreement with President Amelia Newton Varela; salary steps to $875k by 2028
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- Term runs Jan 1, 2026 through Dec 31, 2028; base salary: $825k (2026), $850k (2027), $875k (2028).
- Restricted stock grant of $1.1M in Jan 2026, vesting 25% annually over four years.
- Annual performance bonus tied to EBIT: threshold (90% of plan) = 30% of salary, target (100%) = 50%, max (130%) = 80%.
- Car allowance of $1,250/month throughout the term.
- Severance without cause: 12 months salary continuation plus prior-year bonus; change of control: 2.5x salary + avg bonus, capped by IRC §280G.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315226001108/0001493152-26-001108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315226001108/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-001108

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