Form 4: Macy's SVP and Controller Reports Stock Transactions
SEC Form 4
Paul Griscom, SVP and Controller at Macy's, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 31, 2025, Paul Griscom, SVP and Controller of Macy's, acquired 1,715 shares of common stock at $0 and disposed of 489 shares on April 1, 2025, at a weighted average price of $12.8888.
- These transactions resulted in a beneficial ownership of 36,222 shares of common stock.
- The sale of 489 shares was to cover tax withholding obligations upon the vesting of restricted shares.
- Griscom also acquired 1,715 restricted stock units on March 31, 2025, related to a grant from March 31, 2023, vesting in four equal installments.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
- Employees holding company stock may be interested in insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2023 | Reporting person was granted 6,861 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date. |
| 03/31/2025 | Acquisition of 1,715 shares of common stock and restricted stock units. |
| 04/01/2025 | Disposal of 489 shares of common stock at a weighted average price of $12.8888. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Macy's, Paul Griscom, Stock Transactions, Form 4, Restricted Stock Units, Beneficial Ownership, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.