Richard Clark - 30 Sep 2025 Form 4 Insider Report for Macy's, Inc. (M)

Role: Director
Signature: /s/ Wendy A. Beadles, as attorney-in-fact for Richard Clark pursuant to a Power of Attorney
Issuer symbol: M
Transactions as of: 30 Sep 2025
Net transactions value: +$27,510
Form type: 4
Filing time: 01 Oct 2025, 16:18:36 UTC
Previous filing: 02 Jul 2025
Next filing: 07 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Clark Richard	Director	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK	/s/ Wendy A. Beadles, as attorney-in-fact for Richard Clark pursuant to a Power of Attorney	01 Oct 2025	0002019968

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	Phantom Stock Units	Award	$27,510	+1,971		$13.96	1,971	30 Sep 2025	Common Stock	1,971		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	1-for-1 conversion.
F2	Units are to be settled in Common Stock upon the Reporting Person's termination from the Board of Directors.
F3	The price noted is the average of the value of the stock units granted each month during the quarter for which this report is filed.