Form 4: Macy's CEO Antony Spring Reports Stock Transactions
SEC Form 4 Filing
Macy's CEO Antony Spring reports acquisition and disposal of company stock related to restricted stock units.
Summary
- On July 9, 2024, Antony Spring, the Chairman & CEO of Macy's, acquired 37,349 shares of common stock through the vesting of restricted stock units.
- On July 10, 2024, Spring sold 18,981 shares to cover tax withholding obligations at an average price of $18.9567.
- Following these transactions, Spring directly owns 267,265.1058 shares of Macy's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to receive stock-based compensation and subsequently sell shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/09/2020 | Reporting person was granted 149,396 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 07/09/2024 | Antony Spring acquired 37,349 shares through vesting of restricted stock units. |
| 07/10/2024 | Antony Spring sold 18,981 shares to cover tax withholding obligations. |
| 07/11/2024 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.