Macy's (M) director Robert B. Chavez receives 8,348 restricted stock units award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chavez Robert B. reported acquisition or exercise transactions in this Form 4 filing.

Macy's, Inc. director Robert B. Chavez received a grant of 8,348 restricted stock units (RSUs). Each RSU represents one share of Macy's common stock. This is a compensation-related award, not an open-market purchase or sale.

The RSUs vest on the earlier of one year from the grant date or the date of Macy's next annual meeting of shareholders. The vested shares will be automatically deferred and delivered to Chavez six months after his service on the Board of Directors ends. Following this grant, Chavez holds 8,348 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chavez Robert B.

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 Post-grant RSU holdings: 8,348 units

2 metrics

RSUs granted 8,348 units Restricted stock units awarded to director Chavez

Post-grant RSU holdings 8,348 units RSUs held directly following the reported transaction

Key Terms

Restricted Stock Units, annual meeting of shareholders, Board of Directors, Grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

annual meeting of shareholders financial

"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.

Board of Directors financial

"ends the reporting person's service on the Issuer's Board of Directors"

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/08/2026 - 04:37 PM

SEC Form 4

FORM 4

UNITED 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^*

Chavez Robert B.

(Last)

(First)

(Middle)

C/O MACY'S, INC.

151 WEST 34TH STREET

(Street)

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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/05/2026		A		8,348		⁽²⁾	⁽²⁾	Common Stock	8,348	$0	8,348	D

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 Robert B. Chavez pursuant to a Power of Attorney	06/08/2026
	** Signature of Reporting Person	Date
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 Robert B. Chavez report in this Form 4?

Robert B. Chavez reported receiving 8,348 restricted stock units as a compensation award. These units are tied to Macy’s common stock and reflect equity-based pay for his service on the Board of Directors, rather than any market purchase or sale of shares.

How many restricted stock units did Robert B. Chavez receive from Macy's (M)?

Robert B. Chavez received 8,348 restricted stock units from Macy’s. Each restricted stock unit represents the equivalent of one share of Macy’s common stock, giving him equity-based compensation aligned with shareholder interests through his role as a director on the Board.

When do Robert B. Chavez’s Macy's (M) restricted stock units vest?

The restricted stock units vest on the earlier of one year from the grant date or the date of Macy’s next annual meeting of shareholders. This time-based vesting schedule links Chavez’s equity compensation to his continued Board service over that period.

When will Robert B. Chavez receive the shares underlying his Macy's (M) RSUs?

The vested shares underlying the restricted stock units will be automatically deferred and delivered six months after Chavez’s service on Macy’s Board of Directors ends. This deferral structure delays share delivery, tying realizable value to his eventual departure from the Board.

Is Robert B. Chavez buying or selling Macy's (M) stock in this Form 4?

No, the Form 4 reports a grant of restricted stock units, not a stock purchase or sale. The transaction is coded as an award acquisition, reflecting equity compensation rather than open-market trading activity in Macy’s shares by Chavez.

How many Macy's (M) restricted stock units does Robert B. Chavez hold after this grant?

After this grant, Robert B. Chavez holds 8,348 restricted stock units directly. This figure matches the number of units granted, indicating his entire reported derivative position in Macy’s common stock through this particular equity award.