MAC Form 4: Chief Accounting Officer disposes 9,500 MAC shares

Rhea-AI Filing Summary

Insider sale reported at Macerich (MAC) — Christopher J. Zecchini, the company's Chief Accounting Officer and an officer reporting person, sold 9,500 shares of Macerich common stock on 08/15/2025 at $17.165 per share, leaving him with 3,587 shares beneficially owned. The Form 4 was signed on 08/18/2025. The filing shows a single non-derivative sale transaction and no derivative activity.

Positive

• None.

Negative

• Officer sold 9,500 shares of Macerich common stock on 08/15/2025 at $17.165 per share, reducing beneficial ownership to 3,587 shares

Insights

Financial Analyst

TL;DR: A routine officer sale of 9,500 MAC shares, reducing holdings to 3,587 shares; limited market impact expected.

The reported sale on 08/15/2025 is a straightforward non-derivative disposition executed at $17.165 per share. There are no associated derivative transactions or additional context provided on purpose or planned future trades. Given the single-line disclosure and absence of larger related activity, this appears to be a routine liquidity event by an officer rather than a material corporate development.

Corporate Governance Expert

TL;DR: Officer sale disclosed properly on Form 4; compliance appears intact based on the filing.

The Form 4 lists Christopher J. Zecchini as Chief Accounting Officer and reports the disposition in compliance with Section 16 reporting requirements. The filing includes signature and transaction details but offers no explanation for the sale. From a governance and disclosure perspective the form meets standard reporting requirements; no additional governance issues are evident from the content provided.

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
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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^*

Zecchini Christopher J

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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
Common Stock	08/15/2025		S		9,500	D	$17.165	3,587	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Christopher J. Zecchini	08/18/2025
	** 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 MAC report on this Form 4?

Christopher J. Zecchini sold 9,500 shares of Macerich common stock on 08/15/2025 at a reported price of $17.165 per share.

How many Macerich shares does the reporting officer own after the sale?

3,587 shares beneficially owned following the reported transaction.

What is the reporting person's role at MAC?

Christopher J. Zecchini is listed as Chief Accounting Officer and an officer reporting person.

Did the Form 4 report any derivative transactions for MAC?

No derivative activity was reported; the filing shows only a non-derivative sale.

When was the Form 4 signed by the reporting person?

The Form 4 was signed on 08/18/2025 by Christopher J. Zecchini.