Form 4: Macerich Co. President and CEO Jackson Hsieh Reports Significant Stock Transaction
SEC Form 4 Filing
Jackson Hsieh, President and CEO of Macerich Co., reports the acquisition and disposition of common stock on May 6, 2024.
Summary
- On May 6, 2024, Jackson Hsieh, the President and CEO of Macerich Co., engaged in a transaction involving the company's common stock.
- Hsieh acquired 140,000 shares of common stock at a price of $14.263 per share.
- Following this acquisition, Hsieh disposed of 170,500 shares.
- After the reported transactions, the filing does not state the amount of securities beneficially owned.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it reflects the trading activity of a key executive.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock acquisition and disposition transaction. |
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