Form 4: Macy's CEO Antony Spring Reports Stock Transactions
SEC Form 4 Filing
Macy's CEO Antony Spring reports the acquisition and disposal of company stock related to vesting of restricted stock units and tax obligations.
Summary
- Antony Spring, CEO of Macy's, reported transactions involving Macy's common stock.
- On March 27, 2025, Mr. Spring acquired 13,664 shares from the settlement of performance restricted stock units and sold 486 shares to cover tax obligations at $13.18.
- On March 28, 2025, he sold 4,582 shares at a weighted average price of $12.7722 to cover tax obligations and acquired 53,151 shares from restricted stock units.
- On March 31, 2025, Mr. Spring sold 20,868 shares at a weighted average price of $12.6799 to cover tax obligations.
- Following these transactions, Mr. Spring directly owns 321,244.1058 shares of Macy's common stock.
- He also owns 159,455 derivative securities in the form of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the executive's trading activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased supply of shares in the market from the sales to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/24/2023 | Date of grant for performance restricted stock units that settled on March 27, 2025. |
| 03/28/2024 | Date of grant for 212,606 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 03/27/2025 | Acquisition of 13,664 shares from settlement of performance restricted stock units; sale of 486 shares for tax obligations. |
| 03/28/2025 | Sale of 4,582 shares for tax obligations; acquisition of 53,151 shares from restricted stock units. |
| 03/31/2025 | Sale of 20,868 shares for tax obligations. |
Keywords
Form 4, Macy's, Antony Spring, Stock Transactions, Restricted Stock Units, Beneficial Ownership, SEC Filing
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