Insider Cluster (5 insiders) ·Filed Mar 30, 2026

M

Macy's, Inc.
NEUTRAL
Impact 3/10
Horizondays Processed6mo ago
Insider cluster: 5 insiders, $0.7M total
Actionable Insight • Neutral

The insider sales are modest in aggregate and appear to be part of routine post-exercise liquidity events following option vesting. Given the lack of unusual volume or broad-based participation beyond expected executive activity, traders should not interpret this as a negative signal. Monitor for any follow-up filings or commentary around earnings or strategic updates.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
M ▲ +44.25% at T+60d
NEUTRAL call ✓ call won +44.25% · α vs SPY +28.22% · entry $17.57 → $25.34
Entry anchored
Mar 27, 03:59 PM ET
via exchange tick
T+1d
+3.01%
call +3.01% · α +0.12%
$18.10
settled 6mo ago
T+5d
+3.07%
call +3.07% · α -1.23%
$18.11
settled 6mo ago
T+20d
+10.53%
call +10.53% · α -2.07%
$19.42
settled 5mo ago
T+60d
+44.25%
call +44.25% · α +28.22%
$25.34
settled 3mo ago

Price Chart

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Executive Summary

Five Macy's insiders, including CEO Antony Spring and other top executives, conducted open-market share sales totaling $689K over a 7-day period, with the CEO accounting for nearly 70% of the total value. These sales follow routine derivative exercises and share grants, suggesting planned portfolio management rather than reactive selling. The total volume represents less than 0.015% of Macy's $4.8B market cap, indicating limited market impact.

Key Financial Metrics

Direction
selling
Total Value
$689.0K
Insiders
5

Key Facts

  • CEO Antony Spring sold 27,451 shares for $486.8K on 2026-03-30 and an additional 41,450 shares for $742.5K on 2026-03-27 (total ~$1.23M in recent days)
  • Other C-suite executives sold between $8K and $92K in shares during the same window
  • Multiple executives also exercised stock options (non-cash transactions) between 2026-03-27 and 2026-03-28
  • One director received a grant of 1,366 shares valued at $27.5K
  • Total open-market sales in cluster: $689K across 5 insiders

Financial Impact

$689,000 in open-market insider sales over 7 days (~0.014% of $4.8B market cap)

insider ownershipmarket sentiment

Risk Factors

  • Perception risk if media or retail investors misinterpret routine sales as bearish
  • Concentration of sales among top executives could raise questions if trend continues

Market Snapshot

Exchange
NYSE
Sector
Retail-Department Stores

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-M-1775074479539
9 reports for M
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for M — sortable, filterable
TypeNow
Sep 10, 2026
22d ago
8-K
BULLISH ★ 7/10
$20.50 $21.64▲ +5.56%▲ +6.06%$22.73 (+10.88%)
Jun 26, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$24.46 $23.68▼ −3.19%▼ −4.58%$22.73 (−7.07%)
Jun 3, 2026
17w ago
8-K
BULLISH ★ 7/10
$21.78 $23.16▲ +6.36%▲ +10.18%$22.73 (+4.38%)
May 18, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$19.05 $21.04▲ +10.45%▲ +8.16%$22.73 (+19.34%)
Apr 1, 2026
26w ago
144
NEUTRAL ★ 3/10
$17.80 $18.86▲ +5.98%▲ +2.36%$22.73 (+27.73%)
Mar 30, 2026
26w ago
Insider Cluster
NEUTRAL ★ 3/10
$17.57 $18.11▲ +3.07%▼ −1.23%$22.73 (+29.39%)
Mar 30, 2026
26w ago
Insider Cluster
NEUTRAL ★ 3/10
$17.57 $18.11▲ +3.07%▼ −1.23%$22.73 (+29.39%)
Mar 25, 2026
27w ago
Insider Cluster
NEUTRAL ★ 4/10
$18.49 $18.09▼ −2.16%▼ −1.91%$22.73 (+22.96%)
Mar 18, 2026
28w ago
8-K
NEUTRAL ★ 4/10
$17.71 $18.49▲ +4.41%▲ +5.12%$22.73 (+28.37%)
Showing 9 of 9

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Report published Apr 1, 2026