What role does Preston Tracy hold at Macy's (M) related to this equity award?

Preston Tracy is Executive Vice President, Chief Legal Officer and Corporate Secretary at Macy’s. The RSU grant disclosed in the Form 4 is part of his compensation package, aligning his interests with long-term shareholder value through stock-based incentives.

Macy's (M) EVP and CLO receives 32,449 RSUs in new equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Preston Tracy M reported acquisition or exercise transactions in this Form 4 filing.

Macy's, Inc. Executive Vice President, Chief Legal Officer and Corporate Secretary Preston Tracy M received a compensation-related equity grant. On March 26, 2026, he was awarded 32,449 restricted stock units (RSUs), each representing one share of Macy's common stock.

The 32,449 RSUs vest in four equal installments, beginning on the first anniversary of the grant date and continuing annually thereafter. Following this award, the filing shows Tracy directly holding 32,449 RSUs, with no sales or disposals reported in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Preston Tracy M

Role EVP, CLO & Corporate Secretary

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	32,449	$0.00	--

Holdings After Transaction: Restricted Stock Units — 32,449 shares (Direct)

Footnotes (1)

Each restricted stock unit represents the equivalent of one share of the Issuer's common stock. On March 26, 2026, the reporting person was granted 32,449 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.

Key Figures

RSUs granted: 32,449 units Underlying shares: 32,449 shares Grant price: $0.00 per unit +2 more

5 metrics

RSUs granted 32,449 units Restricted stock units awarded on March 26, 2026

Underlying shares 32,449 shares Common stock underlying granted RSUs

Grant price $0.00 per unit Equity award granted as compensation, no cash paid

Vesting schedule Four equal installments Annual vesting beginning on first anniversary of grant

Holdings after grant 32,449 RSUs Total restricted stock units directly held following transaction

Key Terms

Restricted Stock Units, vesting, underlying security, Common Stock, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit represents the equivalent of one share of the Issuer's common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"granted 32,449 restricted stock units vesting in four equal installments beginning on the first anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

underlying security financial

"underlying_security_title: Common Stock, underlying_security_shares: 32449.0000"

Common Stock financial

"underlying_security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

03/30/2026 - 06:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Preston Tracy M

(Last)

(First)

(Middle)

C/O MACY'S, INC.

151 WEST 34TH STREET

(Street)

NEW YORK

10001

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Macy's, Inc. [ M ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, CLO & Corporate Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/26/2026		A		32,449		⁽²⁾	⁽²⁾	Common Stock	32,449	$0	32,449	D

Explanation of Responses:

1. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.

2. On March 26, 2026, the reporting person was granted 32,449 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ Steven R. Watts, as attorney-in-fact for Tracy M. Preston pursuant to a Power of Attorney	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Macy's (M) insider Preston Tracy receive in this Form 4 filing?

Preston Tracy received a grant of 32,449 restricted stock units as equity compensation. Each RSU equals one share of Macy's common stock, providing him with additional long-term incentive tied directly to the company’s share performance over time.

How many Macy's (M) restricted stock units were granted to Preston Tracy?

He was granted 32,449 restricted stock units. These units represent the right to receive 32,449 shares of Macy’s common stock over time, subject to the vesting schedule described in the filing and continued employment or other applicable conditions.

What is the vesting schedule for Preston Tracy’s Macy's (M) RSU grant?

The 32,449 restricted stock units vest in four equal installments. Vesting begins on the first anniversary of the March 26, 2026 grant date, then continues with additional equal annual installments until all units are fully vested.

Does this Macy's (M) Form 4 show any stock sales by Preston Tracy?

No, the Form 4 only reports an acquisition of restricted stock units as a grant. It does not show any open-market sales, disposals, or tax-withholding transactions by Preston Tracy in connection with this specific equity award.

What does each restricted stock unit represent in Macy's (M) Form 4?

Each restricted stock unit represents the equivalent of one share of Macy’s common stock. Once vested, RSUs typically convert into actual shares that the executive can hold, subject to any company policies or applicable transfer restrictions.