Evidence in favour
- Participation spans 8 named insiders rather than one filing source.
- The latest qualifying evidence is fresh, dated 09 Sep 2026.
Company insider dossier
Macerich Company insider intelligence
MAC filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.
28/100
Concentrated distribution
55/100 confidence- Exchange
- NYSE
- Sector
- Real Estate
- Industry
- Reit - Retail
- Latest evidence
- 9 Sep 2026
Investment committee read
Concentrated distribution
Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.
Review exposure and filing contextDecision risks
- Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
- Most filings are awards, derivatives, unpriced common shares, or other securities and remain contextual.
Price confirmation map
Weekly price with common-share events
Acquisitions and disposals are aligned to the nearest completed weekly bar.
Mar 2025Sep 2026
Weekly closeCommon-share acquisitionCommon-share disposal
Market confirmation
Price and trend context
- Latest close
- 22.61 USD
- One-week move
- -2.7%
- Four-week move
- -8.5%
- Fair-value gap
- +33.3%
- Trend signal
- Active
- Relative strength
- 2.1
Directional balance
Controlled event mix
0.0%acquisition
- Acquisition events
- 0
- Disposal events
- 1
- Net value
- -$63.8K
Cadence
Twelve-week filing pressure
Volume shows attention. Controlled events determine direction.
229 Jun
006 Jul
013 Jul
020 Jul
027 Jul
003 Aug
010 Aug
017 Aug
024 Aug
031 Aug
107 Sep
014 Sep
Named participants
Insider conviction by person
HASH, STEVEDirector500 events
HERNANDEZ, ENRIQUE JRDirector500 events
HIRSCH, DANIEL J.Director500 events
LAING, DIANADirector500 events
LOWENTHAL, MARIANNEDirector500 events
MURPHY, DEVIN IGNATIUSDirector500 events
STEPHEN, ANDREA MDirector500 events
ZECCHINI, CHRISTOPHER JChief Accounting Officer281 events
Evidence quality
Security and transaction context
Role architecture
Who is participating
Transaction evidence
Auditable MAC filing ledger
Showing 1 to 10 of 10.
ZECCHINI, CHRISTOPHER JChief Accounting Officer
DisposalCommon equity
2740 sharesCommon Stock
$63.8KDirectional evidence
HERNANDEZ, ENRIQUE JRDirector
AcquisitionEquity compensation
784 sharesPhantom Stock Units
Not reportedContext evidence
STEPHEN, ANDREA MDirector
AcquisitionEquity compensation
33 sharesPhantom Stock Units
Not reportedContext evidence
HASH, STEVEDirector
AcquisitionCommon equity
9520 sharesCommon Stock
Not reportedContext evidence
HERNANDEZ, ENRIQUE JRDirector
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
HIRSCH, DANIEL J.Director
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
LAING, DIANADirector
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
LOWENTHAL, MARIANNEDirector
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
MURPHY, DEVIN IGNATIUSDirector
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
STEPHEN, ANDREA MDirector
AcquisitionCommon equity
6720 sharesCommon Stock
Not reportedContext evidence
Reading the dossier
Direction and confidence are separate
Conviction
The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.
Confidence
Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.
Disposals
Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.
Price confirmation
The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.
Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.