CHOPRA NAVEEN K. 4
4 · Macy's, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Macy's (M) Director Naveen K. Chopra Receives Award of 8,348 RSUs
What Happened
- Naveen K. Chopra, a director of Macy's, was granted 8,348 restricted stock units (RSUs) on June 5, 2026. The award is reported as a derivative grant (transaction code A) with an acquisition price of $0. Each RSU represents one share of Macy's common stock.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filed within the typical two-business-day window).
- Grant: 8,348 RSUs; reported price: $0.00 (award/derivative).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Each RSU equals one share of Macy's common stock.
- F2: The RSUs vest on the earlier of one year from the grant date or 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 of a sale, exercise, tax withholding, or 10b5-1 plan in this filing.
Context
- This is a compensation grant to a board member (typical for directors) rather than an open-market purchase or sale. RSUs do not convert to actual shares until they vest and are subject to the stated deferral/delivery schedule, so this grant does not represent immediately tradable shares.
Insider Transaction Report
Form 4
CHOPRA NAVEEN K.
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 Naveen K. Chopra pursuant to a Power of Attorney|2026-06-08