Tracy M. Preston - 28 Mar 2025 Form 4 Insider Report for Macy's, Inc. (M)

Role: EVP, CLO & Corporate Secretary
Signature: /s/ Steven R. Watts, as attorney-in-fact for Tracy M. Preston pursuant to a Power of Attorney
Issuer symbol: M
Transactions as of: 28 Mar 2025
Transactions value $: $-35,254
Form type: 4
Filing time: 31 Mar 2025, 18:30:33 UTC
Previous filing: 29 Mar 2024
Next filing: 07 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	M	Common Stock	Award	$0	+7,503		$0.000000	7,503	28 Mar 2025	Direct	F1
transaction	M	Common Stock	Sale	$-35,254	-2,780	-37.1%	$12.68	4,723	31 Mar 2025	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	M	Restricted Stock Units	Options Exercise	$0	-7,503	-25%	$0.000000	22,512	28 Mar 2025	Common Stock	7,503		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 $12.57 to $12.765, 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.