Chavez Robert B. 4

What Happened

• Robert B. Chavez, a director of Macy's, received a grant of 8,348 restricted stock units (RSUs) on June 5, 2026. The award is recorded as a derivative acquisition at a $0.00 price (typical for compensation grants).

Key Details

• Transaction date: June 5, 2026; Form 4 filed June 8, 2026.
• Grant size: 8,348 restricted stock units (each RSU represents one share upon vesting).
• Price reported: $0.00 (compensation award, not an open-market purchase).
• Shares owned after transaction: not specified in the supplied filing details.
• Footnotes: F1 — each RSU equals one share of common stock; F2 — RSUs vest on the earlier of one year from grant or the date of the issuer’s next annual meeting; vested shares will be automatically deferred and delivered six months after the director’s board service ends.
• No indication in this filing of a 10b5-1 plan, sale, or tax-withholding event.

Context

• This is a standard director compensation grant (an award of RSUs), not a purchase or sale. Such awards are common for non-employee directors and reflect equity compensation rather than an investment decision. The RSUs convert to shares under the stated vesting and deferral terms, so they do not represent immediately tradable stock.