Form 4: Macy's SVP Paul Griscom Executes Stock Transaction

Macy's SVP and Controller Paul Griscom reported the vesting of restricted stock units and a subsequent sale to cover tax obligations.

Summary

• Paul Griscom, SVP and Controller of Macy's, Inc., acquired 1,715 shares of common stock upon the vesting of restricted stock units on March 31, 2026.
• On April 1, 2026, 490 shares were sold at a weighted average price of $18.0757 to satisfy tax withholding requirements.
• Following these transactions, the reporting person maintains a direct beneficial ownership of 33,566 shares of Macy's common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative event related to executive compensation and tax compliance.

Positives

• The transaction reflects the standard vesting of equity-based compensation, indicating alignment between management and shareholder interests.

Negatives

• The sale of shares, while mandatory for tax purposes, reduces the total direct holdings of the reporting person.

Risks

• The reporting person remains subject to market volatility regarding the value of their remaining 33,566 shares.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that this is a routine administrative filing common in the retail sector, where executives frequently receive equity compensation that is partially liquidated to cover tax liabilities upon vesting.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for executive compensation in large-cap retail firms like Nordstrom or Kohl's.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-discretionary sale for tax purposes.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Macy's, Insider Trading, Form 4, Equity Compensation, Retail