Form 4: Macy's Director Richard Markee Receives RSU Grant

Director Richard L. Markee was granted 8,348 restricted stock units as part of his compensation for service on the Macy's, Inc. Board of Directors.

Summary

• Director Richard L. Markee received a grant of 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 grant is valued at $0 per unit at the time of issuance.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Value of equity compensation is subject to market fluctuations in Macy's, Inc. common stock price.

Future Outlook

The RSUs vest on the earlier of one year from the grant date or the date of the next annual meeting of shareholders, with delivery deferred until six months after the director's service ends.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure director alignment with shareholder interests in the retail sector.

Comparison to Industry Standards

• The use of deferred RSU compensation is consistent with standard executive and director compensation packages among S&P 500 retail companies.

Stakeholder Impact

• Minimal impact on shareholders; represents standard director compensation.

Next Steps

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

Key Dates

Keywords

Macy's, Director, Insider Trading, Form 4, Equity Compensation, Richard Markee