Form 4: Macy's Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Macy's EVP, CLO & Corporate Secretary Tracy M. Preston reported transactions involving company stock and restricted stock units.
Summary
- Tracy M. Preston, EVP, CLO & Corporate Secretary of Macy's, Inc., reported several transactions related to company stock.
- On April 3, 2026, 13,146 restricted stock units were acquired, which represent the equivalent of one share of common stock each.
- Following this acquisition, Preston beneficially owned 34,044 shares of common stock.
- On April 6, 2026, 5,271 shares of common stock were disposed of, with a weighted average sale price of $17.9247.
- These disposed shares were sold to cover tax withholding obligations upon the vesting of restricted shares.
- After these transactions, Preston beneficially owned 28,773 shares of common stock.
- Additionally, on April 3, 2025, Preston was granted 52,585 restricted stock units, which vest in four equal installments starting one year from the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the reported transactions are standard for executive compensation and tax obligations, with no indication of significant buying or selling based on non-public information.
Positives
- Acquisition of 13,146 restricted stock units on April 3, 2026, indicating continued equity-based compensation.
- Grant of 52,585 restricted stock units on April 3, 2025, with a vesting schedule, suggesting long-term incentive alignment.
Negatives
- Disposal of 5,271 shares of common stock on April 6, 2026, to cover tax withholding obligations, which reduces direct share ownership.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors, detailing changes in their beneficial ownership of company stock. These transactions are closely watched by investors for insights into insider confidence.
Stakeholder Impact
- Shareholders: The transactions provide transparency into executive stock holdings and compensation, which can influence investor sentiment.
- Employees: The grant of restricted stock units aligns executive interests with long-term company performance.
- Management: The disposal of shares to cover taxes is a routine administrative action for executives holding equity awards.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Grant date of 52,585 restricted stock units. |
| 04/03/2026 | Acquisition of 13,146 restricted stock units. |
| 04/06/2026 | Disposal of 5,271 shares of common stock to cover tax withholding. |
| 04/07/2026 | Date of signature for the filing. |
Keywords
Macy's Inc., Form 4, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Insider Trading, Executive Compensation, SEC Filing
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