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Macy's (M) director Richard L. Markee receives 8,348 restricted stock units award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider MARKEE RICHARD L
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 8,348 $0.00 --
Holdings After Transaction: Restricted Stock Units — 8,348 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock. 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.
RSUs granted 8,348 units Restricted stock units granted to director on reported date
Price per RSU $0.00 per unit Compensation grant with no purchase price
RSUs after transaction 8,348 units Total restricted stock units held directly after grant
Underlying common shares 8,348 shares Each RSU represents one share of common stock
Restricted Stock Units financial
"Each restricted stock unit represents the equivalent of one share of the Issuer's common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"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."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of shareholders financial
"one year from the grant date or the date of the Issuer's next annual meeting of shareholders."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
deferred financial
"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."
Board of Directors financial
"delivered to the reporting person six months after the reporting person's service on the Issuer's Board of Directors ends."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MARKEE RICHARD L
(Last)(First)(Middle)
C/O MACY'S, INC.
151 WEST 34TH STREET
(Street)
NEW YORK NEW YORK 10001
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Macy's, Inc. [ M ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/05/2026A8,348 (2) (2)Common Stock8,348$08,348D
Explanation of Responses:
1. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
2. 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.
Remarks:
/s/ Steven R. Watts, as attorney-in-fact for Richard L. Markee pursuant to a Power of Attorney06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Macy's (M) director Richard L. Markee report in this Form 4?

He reported receiving 8,348 restricted stock units as an equity award. Each unit equals one share of Macy’s common stock, and the grant is compensation-related rather than an open-market stock transaction.

How many Macy's (M) restricted stock units were granted to Richard L. Markee?

He was granted 8,348 restricted stock units. Each unit represents one share of Macy’s common stock, giving him 8,348 RSUs directly following this award, according to the Form 4 disclosure details.

When do Richard L. Markee’s Macy's (M) restricted stock units vest?

The units vest on the earlier of one year from the grant date or the next annual shareholder meeting. This schedule ties vesting to either time served or the company’s upcoming annual meeting of shareholders.

When will Richard L. Markee receive the Macy's (M) shares from these RSUs?

The vested shares will be delivered six months after his service on the Board of Directors ends. Until then, the grant remains deferred, even after vesting occurs under the stated schedule.

Did Richard L. Markee buy or sell Macy's (M) stock in the market in this Form 4?

No market buy or sell occurred; this filing reports a grant of restricted stock units. The award is compensation-based, with no purchase price and no open-market transaction disclosed in the Form 4.

What type of security was granted to Richard L. Markee by Macy's (M)?

He received restricted stock units, which are rights to receive shares later. Each unit equals one share of Macy’s common stock, subject to vesting and deferred delivery conditions described in the filing.