Hirsch Daniel J. 4
Research Summary
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Macerich (MAC) Director Daniel J. Hirsch Receives 6,720 RSUs
What Happened Daniel J. Hirsch, a director of Macerich Company (MAC), was granted 6,720 restricted stock units (RSUs) on 2026-06-01. The Form 4 shows the acquisition price as $0.00 (non-cash compensation) and lists the award under transaction code A (award/grant). The RSUs vest one year after the award date.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
- Amount: 6,720 RSUs acquired at $0.00 (non-cash award).
- Footnote: Awarded under The Macerich Company 2003 Equity Incentive Plan; RSUs vest one year after grant.
- Footnote: Includes 2,922 previously unreported RSUs credited as dividend equivalents under the plan’s deferral feature (these are part of the 6,720 total).
- Shares owned after the transaction: not specified in the filing.
Context This was an equity compensation award to a director, not an open‑market purchase or sale. RSUs represent a promise of shares (or equivalent value) upon vesting and are commonly used as routine compensation for directors and executives, so they do not by themselves indicate a buy/sell signal.