Olivier Bron - Nov 1, 2024 Form 4 Insider Report for Macy's, Inc. (M)

Signature
/s/ Steven R. Watts, as attorney-in-fact for Olivier Bron pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Nov 1, 2024
Transactions value $
-$19,133
Form type
4
Date filed
11/4/2024, 12:36 PM
Previous filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +3.11K 3.11K Nov 1, 2024 Direct F1
transaction M Common Stock Tax liability -$19.1K -1.25K -40.3% $15.27 1.86K Nov 1, 2024 Direct F2

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 -3.11K -25% $0.00 9.33K Nov 1, 2024 Common Stock 3.11K Direct F1, F3
* 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 Withholding by Macy's, Inc. of 1,253 shares of common stock to satisfy reporting person's tax withholding obligation in connection with the vesting of restricted stock units and delivery of common stock on November 1, 2024 and does not represent a discretionary transaction by the reporting person.
F3 On November 1, 2023, the reporting person was granted 12,437 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.