Bloomingdale's CEO at Macy's (NYSE: M) sells 7,228 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Macy's, Inc. executive Olivier Bron, CEO of Bloomingdale's, reported equity compensation activity and a related tax sale. On April 3, 2026, he exercised 13,146 restricted stock units, receiving the same number of common shares at a conversion price of $0.00 per share.
On April 6, 2026, he sold 7,228 shares of common stock at a weighted average price of $17.9241 per share, with prices ranging from $17.86 to $17.97, solely to cover tax withholding obligations and not as a discretionary trade. Following these transactions, he directly holds 21,590 shares of common stock and 39,439 restricted stock units that each represent one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,228 shares ($129,555)
Net Sell
3 txns
Insider
Bron Olivier
Role
CEO, Bloomingdale's
Sold
7,228 shs ($130K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,228 | $17.9241 | $130K |
| Exercise | Restricted Stock Units | 13,146 | $0.00 | -- |
| Exercise | Common Stock | 13,146 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,590 shares (Direct);
Restricted Stock Units — 39,439 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the equivalent of one share of the Issuer's common stock. Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $17.86 to $17.97, inclusive. 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. On April 3, 2025, the reporting person was granted 52,585 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.
Key Figures
Shares sold: 7,228 shares
Weighted average sale price: $17.9241 per share
RSUs exercised: 13,146 units
+3 more
6 metrics
Shares sold
7,228 shares
Common stock sold on April 6, 2026 to cover tax withholding
Weighted average sale price
$17.9241 per share
Common stock sale with trades from $17.86 to $17.97
RSUs exercised
13,146 units
Restricted stock units converted to common stock on April 3, 2026
Common shares after transactions
21,590 shares
Direct Macy's common stock holdings following reported transactions
RSUs remaining
39,439 units
Restricted stock units outstanding after the exercise reported
Prior RSU grant
52,585 units
Grant on April 3, 2025 vesting in four equal installments
Key Terms
Restricted Stock Units, weighted average price, tax withholding obligations, derivative security
4 terms
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.
weighted average price financial
"The price reported in Column 4 is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Macy's (M) executive Olivier Bron report?
Olivier Bron reported exercising 13,146 restricted stock units into Macy's common shares and selling 7,228 shares. The sale was explicitly to cover tax withholding from vesting, while the RSU exercise increased his direct equity position.
How many Macy's (M) restricted stock units did Olivier Bron exercise?
He exercised 13,146 restricted stock units, each representing one share of Macy's common stock. This conversion occurred at a price of $0.00 per unit, reflecting equity compensation vesting rather than an open-market purchase.
What are Olivier Bron’s Macy's (M) holdings after these transactions?
After the reported transactions, Olivier Bron directly holds 21,590 shares of Macy's common stock and 39,439 restricted stock units. The units each represent the equivalent of one share and stem from prior equity grants, including a 52,585-unit grant from April 3, 2025.
What prior Macy's (M) equity grant to Olivier Bron is disclosed?
The filing notes that on April 3, 2025, Olivier Bron received a grant of 52,585 restricted stock units. These units vest in four equal installments beginning on the first anniversary of the grant date, forming part of his ongoing equity-based compensation.