Macy's CFO exercises RSUs, sells shares for taxes
Macy's, Inc. executive vice president, COO and CFO Edwards Thomas Jr. reported compensation-related stock activity.
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Form Type
4
Rhea-AI Filing Summary
Macy's, Inc. executive vice president, COO and CFO Edwards Thomas Jr. reported compensation-related stock activity. On June 23, he exercised 36,419 restricted stock units into an equal number of common shares at a conversion price of $0.00 per share.
On June 24, 16,419 of these shares were sold at a weighted average price of $24.8935 per share to cover tax withholding obligations, which the company notes was not a discretionary transaction. After these events, he directly owned 20,000 shares of common stock and 109,257 restricted stock units, each representing one share.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Edwards Thomas Jr.
Role
EVP, COO & CFO
Sold
16,419 shs ($409K)
Approx. gross sale proceeds
$409K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,419 | $24.8935 | $409K |
| Exercise | Restricted Stock Units | 36,419 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,419 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 109,257 contracts (Direct);
Common Stock — 20,000 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
- F2. 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.
- F3. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $24.83 to $24.9250, 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.
- F4. On June 23, 2025, the reporting person was granted 145,676 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.
Key Figures
Shares sold for taxes: 16,419 shares
Weighted average sale price: $24.8935 per share
RSUs converted to shares: 36,419 units/shares
+3 more
6 metrics
Shares sold for taxes
16,419 shares
Common stock sold June 24, 2026 to cover tax withholding
Weighted average sale price
$24.8935 per share
Price for 16,419 common shares sold June 24, 2026
RSUs converted to shares
36,419 units/shares
Restricted stock units exercised into common stock June 23, 2026
Common shares held after
20,000 shares
Direct Macy's common stock holdings after reported transactions
RSUs held after
109,257 units
Restricted stock units outstanding after June 23, 2026
Prior RSU grant
145,676 units
Grant on June 23, 2025, vesting in four equal installments
Key Terms
restricted stock units, tax withholding obligations, weighted average price
3 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.
tax withholding obligations financial
"Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Macy's (M) CFO report in this Form 4?
Macy's CFO Edwards Thomas Jr. vested 36,419 restricted stock units into common shares, then sold 16,419 shares to cover tax withholding obligations. These actions are compensation-related rather than discretionary open-market trading.
What are the Macy's (M) CFO’s holdings after these transactions?
Following the transactions, the CFO directly held 20,000 shares of Macy's common stock and 109,257 restricted stock units. Each restricted stock unit represents the equivalent of one share of the company’s common stock.
What does each Macy's (M) restricted stock unit represent for the CFO?
Each restricted stock unit represents the equivalent of one share of Macy's common stock. When units vest, they convert into common shares, which may then trigger related tax withholding transactions.
Was there a prior Macy's (M) restricted stock unit grant mentioned?
Yes. The filing notes a grant of 145,676 restricted stock units to the CFO on June 23, 2025, vesting in four equal installments beginning on the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
