Macy's director granted 8,348 RSUs
Chavez Robert B. reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
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
Board of Directors financial
Grant, award, or other acquisition financial
FAQ
What did Macy's (M) director Robert B. Chavez report in this Form 4?
How many restricted stock units did Robert B. Chavez receive from Macy's (M)?
When do Robert B. Chavez’s Macy's (M) restricted stock units vest?
Is Robert B. Chavez buying or selling Macy's (M) stock in this Form 4?
How many Macy's (M) restricted stock units does Robert B. Chavez hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.