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Macerich (NYSE: MAC) director receives 6,720 restricted stock units in equity grant

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

Rhea-AI Filing Summary

LAING DIANA reported acquisition or exercise transactions in this Form 4 filing.

Macerich director Diana Laing received a non-cash grant of 6,720 restricted stock units under The Macerich Company 2003 Equity Incentive Plan. These units vest one year after the award date. Following the grant and including 625 dividend-equivalent units, she holds 163,291 common shares/units directly.

Positive

  • None.

Negative

  • None.
Insider LAING DIANA
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,720 $0.00 --
Holdings After Transaction: Common Stock — 163,291 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 625 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
Restricted stock units granted 6,720 units Award of restricted stock units under 2003 Equity Incentive Plan
Grant price $0.0000 per share Non-cash compensation grant price
Total holdings after grant 163,291 shares/units Direct ownership following reported transaction
Dividend-equivalent units 625 units Previously unreported restricted stock units credited as dividend equivalents
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"
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 625 previously unreported restricted stock units that have been credited as dividend equivalents"
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"
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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*
LAING DIANA
(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$0163,291(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 625 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
Remarks:
Diana M. Laing06/02/2026
** 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 did Macerich (MAC) director Diana Laing report in this Form 4?

Director Diana Laing reported receiving 6,720 restricted stock units as non-cash compensation. The award was made under Macerich’s 2003 Equity Incentive Plan and represents additional equity-based pay rather than a market purchase of common stock.

How many Macerich (MAC) shares or units does Diana Laing hold after this grant?

After the reported grant, Diana Laing holds 163,291 Macerich common shares or equivalent units directly. This figure includes 625 previously unreported restricted stock units credited as dividend equivalents under the deferral feature of the 2003 Equity Incentive Plan.

What type of compensation did Diana Laing receive from Macerich (MAC)?

She received non-cash compensation in the form of 6,720 restricted stock units. These units are part of Macerich’s 2003 Equity Incentive Plan and provide equity-based pay that vests over time instead of an immediate cash salary payment.

When do Diana Laing’s new Macerich (MAC) restricted stock units vest?

The 6,720 restricted stock units granted to Diana Laing vest one year after the award date. Vesting means she gains full ownership rights to the underlying shares at that time, assuming she continues to meet applicable service conditions.

What are the 625 additional Macerich (MAC) restricted stock units mentioned?

The filing notes 625 previously unreported restricted stock units credited as dividend equivalents. These arise under the deferral feature of the 2003 Equity Incentive Plan, effectively reinvesting dividends into additional units tied to her existing equity awards.