VARGA PAUL C 4
4 · Macy's, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Macy's (M) Director Paul C. Varga Receives 8,348 RSUs
What Happened
Paul C. Varga, a director of Macy's, was granted 8,348 restricted stock units (RSUs) on June 5, 2026. The award was reported on Form 4 with an acquisition price of $0.00 (an equity award rather than a purchase). Each RSU represents a right to one share of Macy's common stock when vested.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (no late filing flagged in the report).
- Transaction type/code: Award/Grant (A); 8,348 RSUs granted at $0.00.
- Price/value: RSUs recorded at $0.00 on grant; no immediate cash exchanged.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (1) Each RSU equals one share of common stock. (2) RSUs vest on the earlier of one year from grant or the issuer's next annual meeting; vested shares will be deferred and delivered six months after the director's board service ends.
Context
This was an equity award to a director (not an open-market purchase or sale). RSU grants are commonly used for director compensation and do not necessarily signal a near-term trading decision — the units convert to shares only upon vesting and are further deferred for delivery after board service ends.
Insider Transaction Report
Form 4
VARGA PAUL C
Director
Transactions
- 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.
Signature
/s/ Steven R. Watts, as attorney-in-fact for Paul C. Varga pursuant to a Power of Attorney|2026-06-08