Form 4: Macy's Director Jill Granoff Receives RSU Grant

Macy's, Inc. director Jill Granoff was granted 8,348 restricted stock units as part of standard board compensation.

Summary

• Director Jill Granoff acquired 8,348 restricted stock units (RSUs) on June 5, 2026.
• Each RSU represents the equivalent of one share of Macy's, Inc. common stock.
• The units vest on the earlier of one year from the grant date or the date of the next annual shareholder meeting.
• Vested shares are subject to mandatory deferral until six months after the director's service on the board concludes.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company operations.

Positives

• Director alignment with long-term shareholder interests through equity-based compensation.

Negatives

• None identified.

Risks

• Value of equity compensation is subject to market volatility of Macy's common stock.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a routine disclosure of director compensation.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice in the retail sector to ensure director incentives are aligned with shareholder value creation.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with compensation practices at major retail peers like Nordstrom and Kohl's.
• Mandatory deferral of shares until after board service is a common governance mechanism to encourage long-term oversight.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of the 8,348 RSUs on the earlier of June 5, 2027, or the date of the next annual meeting.

Key Dates

Keywords

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