Arel Emilie 4

What Happened Arel Emilie, a director of Macy's, Inc. (M), was granted 8,348 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports this as an award/derivative transaction at a reported price of $0.00 (grant). This is a compensation award (not a purchase or sale) and the filing was submitted on June 8, 2026.

Key Details

• Transaction date: 2026-06-05; Filing date: 2026-06-08.
• Transaction type: Award/Grant of restricted stock units (Code A, derivative) — 8,348 RSUs. Reported acquisition price: $0.00 (grant).
• Reported total value on Form 4: $0 (grant price).
• Shares owned after transaction: not disclosed in the provided filing summary.
• Footnote F1: Each restricted stock unit represents the equivalent of one share of Macy's common stock.
• Footnote F2: RSUs vest on the earlier of one year from the grant date or the date of Macy's next annual meeting; vested shares will be automatically deferred and delivered six months after the director's service on the board ends.
• No late-filing indicator was noted in the provided data; check the SEC filing for timeliness details.

Context Restricted stock unit grants to directors are a common form of compensation and do not themselves indicate buying or selling intent. These RSUs are derivative awards that convert into shares according to the vesting and delivery terms described above; there was no immediate sale or cash exercise associated with this filing.