Danielle L. Kirgan - 24 Mar 2025 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, Chief HR Officer
Signature
/s/ Steven R. Watts, as attorney-in-fact for Danielle L. Kirgan pursuant to a Power of Attorney
Issuer symbol
M
Transactions as of
24 Mar 2025
Transactions value $
-$109,880
Form type
4
Date filed
26 Mar 2025, 18:05
Previous filing
11 Jul 2024
Next filing
31 Mar 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 +8.54K +2.45% $0.00 357K 24 Mar 2025 Direct F1
transaction M Common Stock Sale -$42.8K -3.12K -0.87% $13.74 353K 25 Mar 2025 Direct F2, F3
transaction M Common Stock Options Exercise $0 +13.7K +3.87% $0.00 367K 25 Mar 2025 Direct F1
transaction M Common Stock Sale -$67K -5.05K -1.38% $13.28 362K 26 Mar 2025 Direct F2, F4

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 -8.54K -50% $0.00 8.54K 24 Mar 2025 Common Stock 8.54K Direct F1, F5
transaction M Restricted Stock Units Options Exercise $0 -13.7K -100% $0.00 0 25 Mar 2025 Common Stock 13.7K Direct F1, F6
* 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 $13.6501 to $13.78, 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 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $13.12 to $13.48, 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.
F5 On 3/24/2022, the reporting person was granted 34,155 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.
F6 On 3/25/2021, the reporting person was granted 54,777 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.