Olivier Bron, CEO of Bloomingdale's and an officer of Macy's, Inc. (NYSE:M), filed a Form 4 on November 2, 2026, reporting the vesting of restricted stock units and related tax-withholding share disposals on November 1-2, 2026.
Key Highlights
- RSU vesting, first tranche: 18,657 restricted stock units vested on November 1, 2026, converting to common stock; these originated from a November 1, 2023 grant of 37,313 RSUs vesting in two equal installments on November 1, 2025 and November 1, 2026.
- RSU vesting, second tranche: 3,109 restricted stock units vested on November 1, 2026, from a separate November 1, 2023 grant of 12,437 RSUs vesting in four equal installments beginning on the first anniversary of the grant date.
- Tax-withholding disposals: Macy's withheld 10,318 shares and 1,720 shares on November 2, 2026, at $24.11 per share each, to satisfy Bron's tax withholding obligations; the filing states these "do not represent a discretionary transaction by the reporting person."
- Remaining RSU balance: Following all reported transactions, Bron holds 3,110 restricted stock units, directly owned.
- Resulting common stock ownership: Bron beneficially owns 31,318 shares of common stock directly following all reported transactions.
Macy's Officer Bron: RSU Vesting and Tax Withholding Details, November 2026
According to the Form 4 filed with the SEC on November 2, 2026, Olivier Bron, identified as CEO of Bloomingdale's and an officer of Macy's, Inc. (NYSE:M), reported a series of transactions tied to the vesting of previously granted restricted stock units. All transactions were in Macy's common stock, held directly.
On November 1, 2026, two separate RSU tranches vested. The first involved 18,657 units from a grant of 37,313 RSUs made on November 1, 2023, which vested in two equal installments on November 1, 2025 and November 1, 2026. The second involved 3,109 units from a separate November 1, 2023 grant of 12,437 RSUs, structured to vest in four equal installments beginning on the first anniversary of the grant date. Both sets of RSUs converted at a price of $0 per derivative security, with each unit representing the equivalent of one share of common stock, according to the filing.
On November 2, 2026, Macy's withheld a total of 12,038 shares (10,318 shares and 1,720 shares in two separate transactions) at $24.11 per share to cover tax withholding obligations connected to those vestings. The filing explicitly notes these withholdings "do not represent a discretionary transaction by the reporting person." After all transactions, Bron directly holds 31,318 shares of common stock and 3,110 remaining restricted stock units. The Form 4 was signed by Steven R. Watts as attorney-in-fact for Olivier Bron pursuant to a Power of Attorney.
What Was Disclosed
The filing reported the November 1-2, 2026 vesting of two RSU tranches totaling 21,766 units for Macy's officer Olivier Bron, along with the withholding of 12,038 shares at $24.11 to satisfy tax obligations, leaving Bron with 31,318 shares and 3,110 RSUs.


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