Form 4: Macerich Co. Executive Doug J. Healey Reports Gift of Shares to Revocable Trust
SEC Form 4 Filing
Doug J. Healey, Senior EVP at Macerich Co., reported a gift of 60 common stock shares to his revocable trust on August 5, 2024.
Summary
- On August 5, 2024, Doug J. Healey, a Senior EVP at Macerich Co., reported a transaction involving the company's common stock.
- Healey gifted 60 shares of common stock to the Healey Revocable Trust.
- Following the transaction, Healey indirectly owns 78,427 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the transactions of company executives and directors.
Related Party Transactions
- The gift of shares to the Healey Revocable Trust constitutes a related party transaction.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it involves a small number of shares and is a transfer to a revocable trust.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of the transaction (gift of shares) |
| 08/07/2024 | Date of signature on the Form 4 filing |
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