Director receives 6,720 RSUs in Macerich (NYSE: MAC) equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowenthal Marianne reported acquisition or exercise transactions in this Form 4 filing.
Macerich Company director Marianne Lowenthal received a grant of 6,720 shares of Common Stock as non-cash compensation. The award was in the form of restricted stock units under The Macerich Company 2003 Equity Incentive Plan and carries a zero dollar grant price. The restricted stock units vest one year after the award date of 2026-06-01. Following this grant, Lowenthal directly holds 43,596 shares of Macerich common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lowenthal Marianne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,720 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,596 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 6,720 shares
Grant price: $0.0000 per share
Holdings after transaction: 43,596 shares
+2 more
5 metrics
RSU grant size
6,720 shares
Restricted stock units of Common Stock granted on June 1, 2026
Grant price
$0.0000 per share
Non-cash compensation award under 2003 Equity Incentive Plan
Holdings after transaction
43,596 shares
Total Macerich Common Stock directly held after the RSU grant
Vesting period
1 year
Restricted stock units vest one year after June 1, 2026 award date
Transaction code
A
Form 4 code for grant, award, or other acquisition
Key Terms
restricted stock units, Equity Incentive Plan, non-cash compensation, transaction code A
4 terms
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
"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.
non-cash compensation financial
"Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan"
transaction code A regulatory
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did MAC director Marianne Lowenthal report in this Form 4 filing?
Marianne Lowenthal reported receiving 6,720 shares of Macerich common stock as non-cash compensation. The award is structured as restricted stock units granted under the 2003 Equity Incentive Plan and will vest one year after the June 1, 2026 award date.
Was Marianne Lowenthal’s Macerich stock transaction an open-market purchase or sale?
The transaction was not an open-market purchase or sale; it was a grant of restricted stock units. She received 6,720 shares as non-cash compensation under The Macerich Company 2003 Equity Incentive Plan, with the units vesting one year after the award date.
What are the key terms of Marianne Lowenthal’s Macerich restricted stock unit award?
The award consists of 6,720 restricted stock units of Macerich common stock granted at a zero dollar price. It is classified as non-cash compensation under the 2003 Equity Incentive Plan, and the restricted stock units vest in full one year after the June 1, 2026 award date.
How is Marianne Lowenthal’s Macerich equity award classified in the Form 4?
The equity award is classified with transaction code A, indicating a grant, award, or other acquisition. It covers 6,720 shares of common stock as restricted stock units, provided as non-cash compensation and vesting one year after the June 1, 2026 grant date.