Edwards Thomas Jr. 4

4 · Macy's, Inc. · Filed Jun 24, 2026

AI-generated summary of this filing

Updated Jun 24, 2026

Macy's (M) EVP/COO & CFO Thomas Edwards Jr. Sells Shares

What Happened

Thomas Edwards Jr., EVP, COO & CFO of Macy's, reported the vesting/conversion of 36,419 restricted stock units into common shares on June 23, 2026. The filing shows 36,419 shares were converted and a like number were delivered/withheld for tax purposes (non‑discretionary).
Separately, on June 24, 2026, Edwards sold 16,419 shares in an open‑market transaction at a weighted average price of $24.89 for total proceeds of $408,726.

Key Details

Transaction dates: 2026-06-23 (RSU conversion/withholding) and 2026-06-24 (open‑market sale).
Open‑market sale: 16,419 shares at weighted average $24.89; prices in the trades ranged $24.83–$24.925 (footnote F3). Proceeds: $408,726.
RSU conversion: 36,419 restricted stock units converted to 36,419 shares (footnote F1 confirms 1 RSU = 1 share); 36,419 shares were withheld/delivered to cover taxes (footnote F2 — non‑discretionary).
Grant context: The 36,419 vested shares represent one of four equal installments from a 145,676 RSU grant made on June 23, 2025 (footnote F4).
Shares owned following the transactions: not specified in the filing.
Filing: Report filed 2026-06-24 for transactions on 6/23–6/24 — appears timely (Form 4s are due within two business days).

Context

This is a routine RSU vesting and associated tax withholding, followed by an open‑market sale. The withheld/disposed shares were used to satisfy tax obligations and are noted as non‑discretionary (not an expression of sentiment).
For retail investors: purchases are generally more informative than routine sales. This filing documents compensation vesting and a subsequent sale, not an opportunistic buy signal.

Form 4

Period: 2026-06-23

EVP, COO & CFO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-23+36,419→ 36,419 total
Sale
Common Stock
[F2][F3]
2026-06-24$24.89/sh−16,419$408,726→ 20,000 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-06-23−36,419→ 109,257 total
→ Common Stock (36,419 underlying)

Footnotes (4)

[F1]Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
[F2]Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.
[F3]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $24.83 to $24.9250, inclusive. The reporting person undertakes to provide to Macy's, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to the Form 4.
[F4]On June 23, 2025, the reporting person was granted 145,676 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.

Signature

/s/ Steven R. Watts, as attorney-in-fact for Thomas Edwards Jr. pursuant to a Power of Attorney|2026-06-24

1 file