STOCK TITAN

Macerich (MAC) director adds 6,229.69 phantom stock units in Form 4

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

Rhea-AI Filing Summary

Macerich Company director Enrique Hernandez Jr. reported a transaction in derivative securities tied to the company’s common stock. On 01/01/2026, he acquired 6,229.69 phantom stock units, each convertible on a 1-for-1 basis into Macerich common stock. These units were acquired at a reported price of $0 under the company’s plan.

After this transaction, Hernandez beneficially owned 33,932.48 phantom stock units. The filing notes that the shares attributable to these phantom stock units generally first become distributable on the January 1 following the date his service terminates, based on an earlier election under the plan terms. The total includes 808.82 previously unreported phantom stock units that accrued through the plan’s dividend reinvestment feature.

Positive

  • None.

Negative

  • None.
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*
HERNANDEZ ENRIQUE JR

(Last) (First) (Middle)
401 WILSHIRE BLVD.
SUITE 700

(Street)
SANTA MONICA CA 90401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MACERICH CO [ MAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 01/01/2026 A 6,229.69 (2) (2) Common Stock 6,229.69 $0 33,932.48(3) D
Explanation of Responses:
1. Convertible on a 1 for 1 basis.
2. The shares attributable to the phantom stock units generally first become distributable upon the January 1 following the date of termination of service pursuant to an earlier election in accordance with the Plan terms.
3. Includes 808.82 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.
Remarks:
Enrique Hernandez Jr. 01/05/2026
** 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.

FAQ

What insider transaction did Macerich (MAC) report for Enrique Hernandez Jr.?

The filing reports that director Enrique Hernandez Jr. acquired 6,229.69 phantom stock units linked to Macerich common stock on 01/01/2026 at a reported price of $0 under the company’s plan.

How many Macerich (MAC) phantom stock units does Enrique Hernandez Jr. now beneficially own?

Following the reported transaction, Enrique Hernandez Jr. beneficially owned 33,932.48 phantom stock units tied to Macerich common stock.

What are the key terms of the Macerich (MAC) phantom stock units reported?

The phantom stock units are convertible on a 1-for-1 basis into Macerich common stock. They generally first become distributable on the January 1 following the date of termination of service, according to a prior election under the plan.

Does the Macerich (MAC) filing mention dividend-related accruals on phantom stock units?

Yes. The total reported includes 808.82 previously unreported phantom stock units that accrued under the dividend reinvestment feature of the plan.

What is the relationship of the reporting person to Macerich (MAC)?

The reporting person, Enrique Hernandez Jr., is identified in the filing as a Director of Macerich Company.

When is the earliest transaction date disclosed in this Macerich (MAC) Form 4?

The earliest transaction date disclosed for the reported phantom stock unit acquisition is 01/01/2026.

Macerich

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