Form 4: Macy's Director Deirdre Connelly Receives Stock Grant

Director Deirdre P. Connelly was granted 8,348 restricted stock units as part of her compensation package with Macy's, Inc.

Summary

• Deirdre P. Connelly, a Director at Macy's, Inc., was granted 8,348 restricted stock units (RSUs) on June 5, 2026.
• Each RSU represents the equivalent of one share of Macy's common stock.
• The units vest on the earlier of one year from the grant date or the date of the next annual meeting of shareholders.
• Vested shares are subject to mandatory deferral until six months after the director's service on the Board ends.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• The grant aligns the director's long-term interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the equity grant is subject to market fluctuations in Macy's common stock price.

Future Outlook

The RSU grant is a standard component of director compensation and does not provide specific forward-looking financial guidance for the company.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the retail sector to ensure alignment with shareholder value creation.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices among large-cap retail companies like Nordstrom and Kohl's.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact, as this is a standard equity grant to a board member.

Next Steps

• Vesting of the 8,348 RSUs on the earlier of one year from grant or the next annual meeting.

Key Dates

Keywords

Macy's, Insider Trading, Form 4, Director Compensation, Equity Grant, M