Bron Olivier 4

4 · Macy's, Inc. · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

Macy's (M) Bron Olivier Sells 3,051 Shares

What Happened

Bron Olivier, CEO of Bloomingdale's (a Macy's, Inc. executive), had 7,504 restricted stock units (RSUs) convert to common shares on March 28, 2026 (recorded as an exercise/conversion of a derivative at $0). Following the vesting, he sold 3,051 shares in an open-market sale on March 30, 2026 for a weighted average price of $17.74, generating $54,132. The sale was used to cover tax withholding related to the RSU vesting.

Key Details

Transaction dates and amounts:
- 2026-03-28: Conversion/settlement of 7,504 RSUs → 7,504 shares acquired (derivative conversion) at $0 (F1, F4).
- 2026-03-28: A corresponding derivative disposition of 7,504 shares is also reported (recording detail related to the RSU settlement).
- 2026-03-30: Open-market sale of 3,051 shares at a weighted average price of $17.74, proceeds $54,132 (prices ranged $17.55–$17.885) (F3).
Shares owned after transaction: Not specified in the filing excerpt provided.
Notable footnotes:
- F1: Each RSU equals one share of common stock.
- F2: The 3,051 shares sold were to cover tax withholding upon vesting and were not a discretionary decision by the reporting person.
- F4: The 7,504 vested RSUs are one installment from a 30,015-RSU grant that vests in four equal installments.
Filing: Report filed 2026-03-31 (appears to report the 3/28 and 3/30 transactions promptly).

Context

This was an RSU vesting event, not a cash purchase; RSUs converted to shares at no exercise price and then some shares were sold to meet tax obligations (commonly seen with executive compensation). Such tax-withholding sales are routine and do not necessarily signal the insider's view on the company's stock.

Form 4

Period: 2026-03-28

CEO, Bloomingdale's

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-28+7,504→ 18,723 total
Sale
Common Stock
[F2][F3]
2026-03-30$17.74/sh−3,051$54,132→ 15,672 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-28−7,504→ 15,008 total
→ Common Stock (7,504 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 $17.5500 to $17.8850, 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 March 28, 2024, the reporting person was granted 30,015 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 Olivier Bron pursuant to a Power of Attorney|2026-03-31

1 file