MARKEE RICHARD L 4
4 · Macy's, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Macy's (M) Director Richard Markee Receives 8,348 RSU Award
What Happened Richard L. Markee, a director of Macy's, was granted 8,348 restricted stock units (RSUs) on June 5, 2026. The award was recorded at a $0 purchase price (no cash paid) and is reported as a derivative award rather than an open‑market purchase or sale. This is a compensation award, not an immediate purchase or sale of common stock.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filing appears timely).
- Transaction type/code: Award/Grant (derivative).
- Amount: 8,348 RSUs granted at $0.00 per unit.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- Each RSU equals one share of Macy's common stock (F1).
- RSUs vest on the earlier of one year from grant or the issuer's next annual meeting; vested shares will be automatically deferred and delivered six months after the reporting person's service on the Board ends (F2).
Context Director RSU grants are a routine form of equity compensation and do not represent an immediate stock purchase or sale. The award will convert to actual shares only upon vesting and subject to the deferral/delivery rules noted above. This filing does not indicate trading intent or market sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-05+8,348→ 8,348 total→ Common Stock (8,348 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
- [F2]The restricted stock units vest on the earlier of one year from the grant date or the date of the Issuer's next annual meeting of shareholders. The vested shares will be automatically deferred and delivered to the reporting person six months after the reporting person's service on the Issuer's Board of Directors ends.