Macy's shareholders approve equity compensation plan changes, reelect board at annual meeting

Filed May 18, 2026 · Period ending May 15, 2026 · ~1 min read

Key Changes

• medium

  Shareholders approved amendments to the 2024 equity compensation plan with 92% support, allowing continued stock-based pay for executives and employees under revised terms effective May 15, 2026.

  Item 5.07 verify on EDGAR →
• medium

  Executive compensation received 79% approval in say-on-pay vote, with 21% opposition suggesting some shareholder concern about pay levels or structure—higher dissent than typical for routine votes.

  Item 5.07 verify on EDGAR →
• low

  All 10 directors elected to one-year terms, though Deirdre Connelly received lowest support at 78% approval versus 93%+ for other directors, indicating potential shareholder concerns about her board service.

  Item 5.07 verify on EDGAR →