Macy's (NYSE: M) insider plans Rule 144 sale of 13,500 shares
Rhea-AI Filing Summary
Macy's, Inc. has a stockholder filing a notice to sell 13,500 shares of common stock under Rule 144. The planned sale, to be executed through Charles Schwab & Co. on the NYSE, has an indicated aggregate market value of $308,475.00. The filing reports that Macy's had 268,505,751 shares of common stock outstanding at the time referenced, providing context for the size of the proposed sale.
The shares to be sold come from restricted stock vesting awards from Macy's, Inc. One block of 1,856 shares vested on 11/01/2024 and another block of 11,644 shares is shown vesting on 11/01/2025, with the consideration listed as compensation. The person on whose behalf the securities are to be sold represents that they are not aware of any material adverse, nonpublic information about Macy's current or prospective operations.
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FAQ
What does Macy's (M) latest Form 144 filing disclose?
The notice states that a Macy's, Inc. stockholder plans to sell 13,500 shares of common stock under Rule 144 through Charles Schwab & Co. on the NYSE, with an aggregate market value of $308,475.00.
Which broker is handling the Macy's (M) Rule 144 sale and on which exchange?
The planned sale of 13,500 Macy's common shares is listed as being through Charles Schwab & Co., located in San Francisco, with the securities to be sold on the NYSE.