STOCK TITAN

Macerich (NYSE: MAC) director Enrique Hernandez Jr granted 6,720 RSUs

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

Rhea-AI Filing Summary

HERNANDEZ ENRIQUE JR reported acquisition or exercise transactions in this Form 4 filing.

MACERICH CO director Enrique Hernandez Jr reported a compensation-related stock award. He received 6,720 shares of Common Stock as a grant of restricted stock units at a price of $0.0000 per share under The Macerich Company 2003 Equity Incentive Plan.

The award is non-cash compensation and the restricted stock units vest one year after the award date. The filing notes 1,818 previously unreported restricted stock units credited as dividend equivalents under the plan’s deferral feature. Following the grant, Hernandez directly holds 71,444 shares and indirectly holds 18,416 shares through a living trust.

Positive

  • None.

Negative

  • None.
Insider HERNANDEZ ENRIQUE JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,720 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 71,444 shares (Direct, null); Common Stock — 18,416 shares (Indirect, Living Trust)
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 1,818 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan. Represents shares held by the reporting person as of the filing date of this report, as corrected for a prior clerical error.
RSU grant 6,720 shares Restricted stock units awarded at $0.0000 per share
Grant price $0.0000 per share Non-cash compensation under 2003 Equity Incentive Plan
Direct holdings after grant 71,444 shares Common Stock held directly by Enrique Hernandez Jr after transaction
Indirect holdings 18,416 shares Common Stock held indirectly through a living trust
Dividend equivalent RSUs 1,818 units Previously unreported RSUs credited as dividend equivalents
Vesting period One year Restricted stock units vest one year after 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.
2003 Equity Incentive Plan financial
"Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan")"
non-cash compensation financial
"Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan"
dividend equivalents financial
"Includes 1,818 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.
deferral feature financial
"credited as dividend equivalents under the deferral feature of the 2003 Plan"
Living Trust financial
"Common Stock indirect ownership reported as Living Trust"
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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*
HERNANDEZ ENRIQUE JR

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

(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$071,444(2)(3)D
Common Stock18,416ILiving Trust
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 1,818 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
3. Represents shares held by the reporting person as of the filing date of this report, as corrected for a prior clerical error.
Remarks:
Enrique Hernandez, Jr.06/02/2026
** 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)

FAQ

What insider transaction did MAC (Macerich Co) director Enrique Hernandez Jr report?

Enrique Hernandez Jr reported receiving a grant of 6,720 restricted stock units of MACERICH CO Common Stock as non-cash compensation. The units were awarded at $0.0000 per share under the 2003 Equity Incentive Plan and vest one year after the award date.

Is the Enrique Hernandez Jr Form 4 transaction for MAC a stock purchase or compensation grant?

The Form 4 transaction for Enrique Hernandez Jr is a compensation grant, not an open-market purchase. He received 6,720 restricted stock units as non-cash compensation under MACERICH CO’s 2003 Equity Incentive Plan, with vesting scheduled one year after the award date.

How many MAC shares does Enrique Hernandez Jr hold after this Form 4 filing?

After the reported grant, Enrique Hernandez Jr directly holds 71,444 MACERICH CO Common Stock shares and indirectly holds 18,416 shares through a living trust. These holdings reflect his position as of the filing date, including corrections for a prior clerical error.

What are the terms of the MACERICH CO restricted stock units granted to Enrique Hernandez Jr?

The restricted stock units are a non-cash award of 6,720 MACERICH CO shares at $0.0000 per share. Granted under the 2003 Equity Incentive Plan, they vest one year after the award date, aligning compensation with continued board service over that period.

What does the Form 4 say about dividend equivalents on MAC restricted stock units?

The filing notes that 1,818 previously unreported restricted stock units were credited as dividend equivalents under the deferral feature of MACERICH CO’s 2003 Equity Incentive Plan. Dividend equivalents increase the number of units to reflect dividends that would have been paid on underlying shares.

How are Enrique Hernandez Jr’s indirect MAC share holdings structured in this Form 4?

The Form 4 shows 18,416 MACERICH CO shares held indirectly through a living trust. A footnote explains this figure represents shares held as of the filing date, corrected for a prior clerical error, providing updated context on his indirect ownership structure.