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Macerich (NYSE: MAC) director awarded 6,720 RSUs as stock compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Murphy Devin Ignatius reported acquisition or exercise transactions in this Form 4 filing.

MACERICH CO director Devin Ignatius Murphy reported a stock-based compensation grant rather than a market purchase. He received 6,720 shares of common stock in the form of restricted stock units under The Macerich Company 2003 Equity Incentive Plan, at no cash cost, which vest one year after the award date. Following this grant, he holds 24,621 shares of common stock directly, including 414 previously unreported restricted stock units credited as dividend equivalents under the plan’s deferral feature.

Positive

  • None.

Negative

  • None.
Insider Murphy Devin Ignatius
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,720 $0.00 --
Holdings After Transaction: Common Stock — 24,621 shares (Direct, null)
Footnotes (1)
  1. Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date. Includes 414 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
RSUs granted 6,720 shares Restricted stock units awarded on June 1, 2026
Price per share $0.00 per share Reported grant price for RSU award
Holdings after transaction 24,621 shares Total direct common stock holdings after grant
Previously unreported RSUs 414 units Dividend equivalent credits under 2003 Equity Incentive Plan
Vesting period 1 year RSUs vest one year after the award date
restricted stock units financial
"Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan"
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.
Equity Incentive Plan financial
"Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
dividend equivalents financial
"Includes 414 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
non-cash compensation financial
"Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Murphy Devin Ignatius
(Last)(First)(Middle)
401 WILSHIRE BLVD
(Street)
SANTA MONICA CALIFORNIA 90401
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MACERICH CO [ MAC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A6,720(1)A$024,621(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.
2. Includes 414 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
Remarks:
Devin I. Murphy06/02/2026
** Signature of Reporting PersonDate
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 insider transaction did MAC (Macerich Co) disclose for Devin Ignatius Murphy?

Macerich disclosed that director Devin Ignatius Murphy received 6,720 restricted stock units as non-cash compensation. The award was granted under The Macerich Company 2003 Equity Incentive Plan and is structured as stock-based pay rather than an open-market share purchase.

Was the June 1, 2026 MAC insider transaction a stock purchase or compensation grant?

The June 1, 2026 transaction was a compensation grant, not a market purchase. Murphy received 6,720 restricted stock units at a reported price of $0.00 per share under the 2003 Equity Incentive Plan, reflecting non-cash equity compensation that vests after one year.

How many MAC shares does Devin Ignatius Murphy hold after this Form 4 transaction?

After the reported grant, Murphy holds 24,621 shares of Macerich common stock directly. This total includes the 6,720 newly awarded restricted stock units and 414 restricted stock units previously credited as dividend equivalents under the plan’s deferral feature.

When do Devin Ignatius Murphy’s newly granted MAC restricted stock units vest?

The newly granted restricted stock units vest one year after the award date. This means Murphy’s 6,720 units under The Macerich Company 2003 Equity Incentive Plan will become fully vested shares of common stock after a one-year service period, assuming standard plan conditions.

What does the footnote about 414 previously unreported MAC restricted stock units mean?

The footnote explains that 414 restricted stock units were previously unreported and credited as dividend equivalents. Under the 2003 Equity Incentive Plan’s deferral feature, dividend equivalents on deferred awards are paid in additional units, which increased Murphy’s reported restricted stock holdings.