Every Form 4 that Macerich (MAC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MAC filings page.
Stephen Andrea M reported acquisition or exercise transactions in this Form 4 filing.
Macerich director Andrea M. Stephen received a grant of 32.66 Phantom Stock Units, a form of deferred equity compensation tied to the company’s common stock on a 1-for-1 basis. This brings her total Phantom Stock Units to 47,514.08, including 741.49 units previously accrued through the plan’s dividend reinvestment feature. The units generally become payable in common stock in five equal annual installments starting on the January 1 following termination of service, based on an earlier distribution election under the plan.
HERNANDEZ ENRIQUE JR reported acquisition or exercise transactions in this Form 4 filing.
Macerich director Enrique Hernandez Jr received a grant of 784.0500 phantom stock units linked to common stock as compensation. These units are convertible on a 1-for-1 basis and generally pay out in five equal annual installments after service ends. His holdings now total 35259.8600 phantom stock units, including 543.33 previously unreported units from the plan’s dividend reinvestment feature.
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.
Stephen Andrea M reported acquisition or exercise transactions in this Form 4 filing.
Macerich Company director Andrea M. Stephen received a non-cash equity award of 6,720 shares of Common Stock in the form of restricted stock units under The Macerich Company 2003 Equity Incentive Plan. These restricted stock units vest one year after the award date.
After this grant and the inclusion of 3,413 previously unreported restricted stock units credited as dividend equivalents under the plan’s deferral feature, Stephen’s direct holdings total 104,921 shares of Common Stock.
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.
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.
Murphy Devin Ignatius reported acquisition or exercise transactions in this Form 4 filing.
MACERICH CO director Devin Ignatius Murphy reported a stock-based compensation grant rather than a market purchase. He received 6,720 shares of common stock in the form of restricted stock units under The Macerich Company 2003 Equity Incentive Plan, at no cash cost, which vest one year after the award date. Following this grant, he holds 24,621 shares of common stock directly, including 414 previously unreported restricted stock units credited as dividend equivalents under the plan’s deferral feature.
Hirsch Daniel J. reported acquisition or exercise transactions in this Form 4 filing.
MACERICH CO director Daniel J. Hirsch received a non-cash award of 6,720 restricted stock units of Common Stock under The Macerich Company 2003 Equity Incentive Plan. These units vest one year after the award date. Following the award, he directly holds 91,898 shares and indirectly holds 4,732 shares through a family trust.
Hash Steve reported acquisition or exercise transactions in this Form 4 filing.
MACERICH CO director Steve Hash received a grant of 9,520 shares of Common Stock as restricted stock units, awarded as non-cash compensation under The Macerich Company 2003 Equity Incentive Plan.
The restricted stock units vest one year after the award date. Following this grant and prior credited units, Hash now holds 156,153 shares directly, including 4,876 restricted stock units credited as dividend equivalents under the plan’s deferral feature.
Macerich Co senior executive vice president and chief financial officer Daniel E. Swanstrom II received a grant of 41,411 LTIP Units on February 16, 2026. These units are long-term incentive compensation in The Macerich Partnership, L.P., where Macerich is the general partner.
Each LTIP Unit can, after meeting tax allocation and time-vesting conditions, be converted into a common partnership unit, which the holder may later redeem for cash equal to the fair market value of one Macerich common share, or one share if the company elects stock settlement. The LTIP Units vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028, and do not have expiration dates for conversion and redemption rights. Following this grant, Swanstrom directly holds 154,695 LTIP Units.
Macerich Co Chief Legal Officer and Secretary Ann C. Menard reported equity-based compensation awards involving partnership LTIP Units. On February 16, 2026, she acquired 41,411 LTIP Units as long-term incentive compensation that vest one-third on December 31 of 2026, 2027, and 2028.
She also acquired 51,585 performance-based LTIP Units from a grant originally made on January 1, 2023. The Compensation Committee determined 102.89% of the 50,136-target LTIP Units were earned based on performance through December 31, 2025. These units vested on December 31, 2025 and must be held until December 31, 2026.
Each LTIP Unit represents a limited partnership interest in The Macerich Partnership, L.P. that can be converted into a common partnership unit, then generally redeemed for cash equal to the value of one Macerich common share, or, at the company’s election, settled in one common share, with no expiration date.
MACERICH CO Senior EVP and Head of Leasing Doug J. Healey reported awards of LTIP Units in the company’s operating partnership as long-term incentive compensation. One grant of 41,411 LTIP Units vests in three equal installments on December 31 of 2026, 2027 and 2028. A separate 51,585-unit award reflects performance-based LTIP Units earned at 102.89% of a 50,136-unit target for the 2023–2025 performance period, which vested on December 31, 2025 and must be held until December 31, 2026. These LTIP Units can later be converted into common units and then redeemed for cash equal to the fair market value of a MACERICH common share or, at the issuer’s election, one share of common stock.
Macerich Company reported that Chief Accounting Officer Christopher J. Zecchini received a grant of 11,043 LTIP Units as long-term incentive compensation at a stated price of $0.0000 per unit. Following this award, he holds 29,253 LTIP Units directly.
These LTIP Units represent limited partnership interests in The Macerich Partnership, L.P. that can convert into common partnership units, which may then be redeemed for cash equal to the fair market value of one common share or, at the issuer’s election, one share of common stock. The units vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028.
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.
The Macerich Company director reports additional phantom stock units. Director Andrea M. Stephen filed a Form 4 showing an acquisition of 3,859.7 phantom stock units on 01/01/2026 at a price of $0 per unit under the company’s deferral plan. Each phantom stock unit is convertible into one share of Macerich common stock. Following this transaction, Stephen beneficially owns 46,739.93 phantom stock units. These units generally become distributable starting the January 1 following termination of service, in five equal annual installments, based on a prior election under the plan. The reported balance includes 1,660.06 previously unreported phantom stock units credited as dividend equivalents under the 2003 Plan’s deferral feature.
Macerich Co. (MAC) director Marianne Lowenthal reported a sale of 6,000 shares of Macerich common stock on 09/24/2025 at a reported price of $17.13 per share. Following the transaction she beneficially owns 36,876 shares in a direct capacity. The Form 4 is signed and dated 09/25/2025.