Form 4: Macy's CEO Antony Spring Reports Stock Transactions
SEC Form 4 Filing
Macy's CEO Antony Spring reports acquisition and disposal of common stock and restricted stock units related to vesting and tax obligations.
Summary
- Antony Spring, the Chairman & CEO of Macy's, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 24, 2025, Spring acquired 8,539 shares of common stock and 8,539 restricted stock units.
- On March 25, 2025, he sold 3,124 shares at an average price of $13.7377 and acquired 12,173 shares of common stock and 12,173 restricted stock units.
- On March 26, 2025, he sold 4,488 shares at an average price of $13.2802.
- These transactions are related to the vesting of restricted stock units and covering tax withholding obligations.
- Following these transactions, Spring directly owns 280,365.1058 shares of Macy's common stock and no restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and directors regarding their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares being traded by the CEO.
- Employees may be indirectly affected by the perceived confidence of the CEO in the company, as reflected by their stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Reporting person was granted 34,155 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 03/25/2021 | Reporting person was granted 48,691 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 03/24/2025 | Acquisition of 8,539 shares of common stock and 8,539 restricted stock units. |
| 03/25/2025 | Sale of 3,124 shares at an average price of $13.7377 and acquisition of 12,173 shares of common stock and 12,173 restricted stock units. |
| 03/26/2025 | Sale of 4,488 shares at an average price of $13.2802. |
Keywords
Form 4, Macy's, Antony Spring, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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