Macy's (M) director Marie Chandoha receives 8,348 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chandoha Marie A reported acquisition or exercise transactions in this Form 4 filing.
Macy's, Inc. director Marie A. Chandoha received a grant of 8,348 Restricted Stock Units, each equal to one share of common stock. The RSUs vest on the earlier of one year from the grant date or the company’s next annual shareholders meeting, and the vested shares will be deferred and delivered six months after her board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chandoha Marie A
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)
- 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.
Key Figures
RSUs granted: 8,348 units
RSU price: $0.00 per unit
Underlying common shares: 8,348 shares
3 metrics
RSUs granted
8,348 units
Restricted Stock Units awarded to director on grant date
RSU price
$0.00 per unit
Grant, award, or other acquisition (compensation, not purchase)
Underlying common shares
8,348 shares
Each RSU represents one share of Macy’s common stock
Key Terms
Restricted Stock Units, vest, annual meeting of shareholders, deferred
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.
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.
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."
FAQ
What did Macy's (M) director Marie A. Chandoha report on this Form 4?
Marie A. Chandoha reported receiving 8,348 Restricted Stock Units as a grant. These units are a form of equity compensation tied to Macy's common stock, reflecting additional alignment between the director’s interests and those of shareholders over time.
How many Restricted Stock Units did Marie A. Chandoha receive from Macy's (M)?
She received 8,348 Restricted Stock Units in this reported transaction. Each unit represents the equivalent of one share of Macy’s common stock, providing potential future share delivery if vesting conditions and continued board service requirements are met.
What are the vesting terms of the Macy's (M) RSUs granted to Marie A. Chandoha?
The RSUs vest on the earlier of one year from the grant date or the next annual shareholders meeting. This schedule is typical for director equity awards, linking vesting to continued board service over a relatively short, defined period.
Does this Macy's (M) Form 4 show any open-market stock purchases or sales?
No, the Form 4 shows a grant of 8,348 Restricted Stock Units, not open-market trades. The transaction is coded as an award acquisition with a zero-dollar price, indicating compensation rather than a buy or sell decision in the market.