Macy's (M) insider Danielle Kirgan files Form 144 to sell 85,000 shares
Rhea-AI Filing Summary
Macy's insider files to sell additional shares under Rule 144. A holder associated with Macy's, Inc. filed a notice to sell 85,000 shares of common stock through broker Charles Schwab on the NYSE, with an indicated aggregate market value of $1,942,250.00. The filing states that 268,505,751 shares of Macy's common stock were outstanding, providing context for the planned sale.
The shares to be sold were acquired primarily through restricted stock and performance restricted stock vesting transactions from Macy's, Inc. between March 23, 2023 and March 21, 2024, treated as compensation rather than cash purchases. The notice also lists recent insider activity, showing that Danielle L. Kirgan previously sold 50,000 and 100,000 Macy's common shares on September 11, 2025 and September 17, 2025, respectively, for gross proceeds of $875,000.00 and $1,775,000.00.
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FAQ
What does Macy's (M) latest Form 144 filing disclose?
The Form 144 filing for Macy's, Inc. (M) discloses a planned sale of 85,000 shares of Macy's common stock on the NYSE through broker Charles Schwab, with an indicated aggregate market value of $1,942,250.00. It also provides background on how the shares were acquired and lists other recent stock sales by the same insider.
How many Macy's (M) shares is the insider planning to sell and at what value?
The notice states that 85,000 shares of Macy's common stock are planned to be sold, with an aggregate market value of $1,942,250.00. The sale is indicated to take place on the NYSE using broker Charles Schwab, with an approximate sale date of December 8, 2025.
How were the Macy's (M) shares in this Form 144 acquired by the insider?
The shares referenced in the notice were acquired from Macy's, Inc. through restricted stock vesting and performance restricted stock vesting transactions dated between March 23, 2023 and March 21, 2024. These awards are shown as compensation, rather than being purchased for cash.
What recent Macy's (M) stock sales by the same insider are disclosed?
The document reports that Danielle L. Kirgan, care of Macy's, Inc., sold Macy's common stock in the past three months. The sales include 50,000 shares on September 11, 2025 for gross proceeds of $875,000.00 and 100,000 shares on September 17, 2025 for gross proceeds of $1,775,000.00.
How many Macy's (M) shares were outstanding according to the Form 144 notice?
The notice lists 268,505,751 shares of Macy's common stock as outstanding. This figure provides a baseline context for the size of the planned 85,000-share sale.
On which exchange will the Macy's (M) shares in this Form 144 be sold?
The filing indicates that the 85,000 Macy's common shares covered by the notice are to be sold on the New York Stock Exchange (NYSE), with Charles Schwab listed as the broker.