Sesler Douglas William 4

What Happened Douglas William Sesler, a director of Macy's, received a grant of 1,366 stock units on 2026-03-31. The filing lists an average value/price of $20.12 per unit, for a total reported value of $27,489. The award is reported as a derivative grant (stock units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; filing date: 2026-04-01 (timely filing).
• Transaction type: A = Grant/award (derivative stock units).
• Price/value: $20.12 per unit (average monthly value for the quarter) — total $27,489.
• Settlement: Units convert 1-for-1 to common stock and are to be settled in common stock upon the reporting person's termination from the Board (per footnotes).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 = 1-for-1 conversion; F2 = units settle to common stock on board departure; F3 = price is quarterly monthly-average value.

Context This was a director compensation award (stock units) rather than an open-market purchase or sale. Such grants are common for board compensation and are typically settled later into common shares; they should be viewed as compensation events rather than direct market bets by the insider.