Form 4: Macy's SVP Sells Shares
Statement of Changes in Beneficial Ownership
Macy's SVP and Controller Paul Griscom reported a sale of 10,077 shares of common stock.
Summary
- Paul Griscom, SVP and Controller of Macy's, Inc., reported a transaction on June 25, 2026.
- The transaction involved the sale of 10,077 shares of Macy's common stock.
- The sale was executed at a weighted average price of $25.6304 per share, with individual sales ranging from $25.6150 to $25.6350.
- Following this transaction, Mr. Griscom beneficially owns 25,373 shares of Macy's common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the insider sale, but without further context on the reason for the sale, it's difficult to definitively assess.
Negatives
- A significant number of shares were sold by a key executive, which could be interpreted negatively by the market.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Management Comments
- The reporting person undertakes to provide to Macy's, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to the Form 4.
Industry Context
StockSavvy.ai notes that Form 4 filings, which report insider transactions, are closely watched by investors. Sales by senior executives can sometimes signal a lack of confidence in future stock performance, although they can also be for personal financial planning reasons.
Stakeholder Impact
- Shareholders may view the sale by a senior executive with some concern, potentially impacting short-term stock sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/25/2026 | Date of transaction (sale of common stock). |
| 06/26/2026 | Date of filing signature. |
Recommendation
holdThe filing reports an insider sale by a senior executive. While this can be a negative signal, without additional context regarding the executive's financial situation or other company news, a 'hold' recommendation is prudent. Further investigation into the reasons for the sale and overall company performance is advised.
Keywords
Macy's, Form 4, Insider Trading, Stock Sale, Securities, Executive Compensation
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