Form 4: Macy's SVP and Controller Reports Stock Transactions
SEC Form 4 Filing
Paul Griscom, SVP and Controller at Macy's, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 24, 2024, Paul Griscom acquired 1,139 shares of Macy's common stock related to restricted stock units.
- On March 25, 2024, Griscom disposed of 340 shares of common stock at a weighted average price of $20.2853 to cover tax withholding obligations.
- Following these transactions, Griscom beneficially owns 22,235 shares of Macy's common stock and 2,277 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Reporting person was granted 4,554 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 03/24/2024 | Acquisition of 1,139 shares of common stock related to restricted stock units. |
| 03/25/2024 | Disposal of 340 shares of common stock at $20.2853 to cover tax withholding. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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