Adrian V. Mitchell - Mar 31, 2025 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, COO & CFO
Signature
/s/ Steven R. Watts, as attorney-in-fact for Adrian V. Mitchell pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Mar 31, 2025
Transactions value $
-$1,309,033
Form type
4
Date filed
4/2/2025, 04:22 PM
Previous filing
Mar 31, 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 Options Exercise $0 +23.6K +16.53% $0.00 166K Mar 31, 2025 Direct F1
transaction M Common Stock Options Exercise $0 +172K +103.14% $0.00 338K Mar 31, 2025 Direct F1
transaction M Common Stock Sale -$1.31M -102K -30.08% $12.88 236K Apr 1, 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 -23.6K -33.33% $0.00 47.2K Mar 31, 2025 Common Stock 23.6K Direct F1, F4
transaction M Restricted Stock Units Options Exercise $0 -172K -100% $0.00 0 Mar 31, 2025 Common Stock 172K Direct F1
* 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 $12.73 to $13.01, 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 3/31/2023, the reporting person was granted 94,339 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.