Macy's director granted 8,348 restricted stock units
MARKEE RICHARD L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MARKEE RICHARD L reported acquisition or exercise transactions in this Form 4 filing.
Macy's, Inc. director Richard L. Markee received a grant of 8,348 restricted stock units, each representing one share of Macy’s common stock. These units vest on the earlier of one year from the grant date or the next annual shareholder meeting. The vested shares will be automatically deferred and delivered six months after his service on the Board of Directors ends. Following this grant, he holds 8,348 restricted stock units directly, reflecting a routine, compensation-related equity award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,348 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
- F2. The restricted stock units vest on the earlier of one year from the grant date or the date of the Issuer's next annual meeting of shareholders. The vested shares will be automatically deferred and delivered to the reporting person six months after the reporting person's service on the Issuer's Board of Directors ends.
Key Figures
Key Terms
Restricted Stock Units financial
vest financial
deferred financial
Board of Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Macy's (M) director Richard L. Markee report in this Form 4?
How many Macy's (M) restricted stock units were granted to Richard L. Markee?
When do Richard L. Markee’s Macy's (M) restricted stock units vest?
Did Richard L. Markee buy or sell Macy's (M) stock in the market in this Form 4?
What type of security was granted to Richard L. Markee by Macy's (M)?
AI-generated analysis. How Rhea-AI works. Not financial advice.