CHOPRA NAVEEN K. 4

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.