Form 4: Macy's Executive Antony Spring Reports Acquisition of Restricted Stock Units
SEC Filing
Antony Spring, CEO & Chair-Elect of Macy's, reports the acquisition of restricted stock units in the company.
Summary
- Antony Spring, CEO & Chair-Elect of Macy's, filed a Form 4 with the SEC.
- The filing reports the acquisition of 212,606 restricted stock units on March 28, 2024, which vest in equal installments over four years.
- Additionally, 50,025 restricted stock units were acquired, vesting 100% on the fifth anniversary of the grant date.
- Each restricted stock unit represents one share of Macy's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of restricted stock units aligns executive interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Acquisition of restricted stock units |
| 03/29/2024 | Date of signature on the report |
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