MACThe Macerich Companyas of 2026-09-16
Horizon

Issued 2026-09-16 at $22.42 · now $22.42 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, MAC has typically landed between $18.58 and $26.67 — a range of −17.1% to +19.0% from the issuance price $22.42.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,673 overlapping 1 month windows · 2008-01-02 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($22.42) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where MAC has typically landed a month from the 2026-09-16 close of $22.42 — the range is history, not a prediction.

$18.58worst · -17.1%$26.67best · +19.0%
  • now $22.42 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $22.65 (+1.0%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $20.98–$24.32
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $18.58–$26.67
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,673 windows spanning 2008-01-02 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-03-04−76.5%−76.5%+0.0%
2020-03-05−75.1%−75.3%+0.0%
2020-03-03−73.0%−73.0%+3.4%
3 best
2009-03-30+186.6%+0.0%+186.6%
2009-03-31+179.8%+0.0%+179.8%
2009-03-27+161.5%+0.0%+180.6%

4,673 overlapping windows · 2008-01-02 – 2026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~19 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
56%
+1.9%
n=18
Feb
42%
−2.4%
n=19
Mar
47%
−6.2%
n=19
Apr
58%
+11.6%
n=19
May
42%
−0.3%
n=19
Jun
63%
+1.6%
n=19
Jul
58%
+2.0%
n=19
Aug
53%
+1.2%
n=19
Sep
42%
−1.5%
n=19
Oct
50%
−0.3%
n=18
Nov
72%
+4.5%
n=18
Dec
72%
+4.9%
n=18

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$26$162026-09-09: 1 insider sale, $64K — Zecchini Christopher J2025-09-24: 1 insider sale, $103K — Lowenthal Marianne2025-08-15: 1 insider sale, $163K — Zecchini Christopher J2025-08: 1 open-market sale, $163K2025-09: 1 open-market sale, $103K2026-09: 1 open-market sale, $64K↑ buys↓ salesofficer Zecchini Christopher J — Sale on 2026-09-09, filed same daydirector Lowenthal Marianne — Sale on 2025-09-24, filed 1 day after the tradeofficer Zecchini Christopher J — Sale on 2025-08-15, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-09Zecchini Christopher JofficerSale2,740 @ $23.28$64K−76.4% of holdingnot yet — horizon still opennot yet — horizon still open847Form 4 · filed same day
2025-09-24Lowenthal MariannedirectorSale6,000 @ $17.13$103K−14.0% of holding+5.8%+18.5%36,876Form 4 · filed 1 day after the trade
2025-08-15Zecchini Christopher JofficerSale9,500 @ $17.16$163K−72.6% of holding+3.0%+4.5%3,587Form 4 · filed 3 days after the trade
2025-03-14Murphy Devin IgnatiusdirectorPurchase7,000 @ $16.40$115K+330.5% of holding−10.9%−6.2%9,118Form 4 · filed 3 days after the trade
2025-03-04Hsieh JacksondirectorPurchase56,000 @ $17.75$994K+32.8% of holding+1.4%−7.3%226,500Form 4 · filed 1 day after the trade
2024-12-26Stephen Andrea MdirectorSale63,289 @ $20.59$1.3M−100.0% of holding−0.9%−21.8%0Form 4 · filed 4 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

34 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-06-30HERNANDEZ ENRIQUE JRdirectorAward / grant78435,260Form 4
2026-06-30Stephen Andrea MdirectorAward / grant3347,514Form 4
2026-06-01HERNANDEZ ENRIQUE JRdirectorAward / grant6,72071,444Form 4
2026-06-01Hash StevedirectorAward / grant9,520156,153Form 4
2026-06-01Hirsch Daniel J.directorAward / grant6,72091,898Form 4
2026-06-01LAING DIANAdirectorAward / grant6,720163,291Form 4
2026-06-01Lowenthal MariannedirectorAward / grant6,72043,596Form 4
2026-06-01Murphy Devin IgnatiusdirectorAward / grant6,72024,621Form 4
2026-06-01Stephen Andrea MdirectorAward / grant6,720104,921Form 4
2026-02-16Zecchini Christopher JofficerAward / grant11,04329,253Form 4
2026-02-16Healey Doug JofficerAward / grant41,411121,662Form 4
2026-02-16Healey Doug JofficerAward / grant51,585173,247Form 4
2026-02-16Menard Ann CofficerAward / grant41,411127,062Form 4
2026-02-16Menard Ann CofficerAward / grant51,585178,647Form 4
2026-02-16Swanstrom Daniel E IIdirectorAward / grant41,411154,695Form 4
2026-01-01HERNANDEZ ENRIQUE JRdirectorAward / grant6,23033,932Form 4
2026-01-01Stephen Andrea MdirectorAward / grant3,86046,740Form 4
2025-06-02HERNANDEZ ENRIQUE JRdirectorAward / grant8,34826,657Form 4
2025-06-02Hash StevedirectorAward / grant12,213141,757Form 4
2025-06-02LAING DIANAdirectorAward / grant8,348155,946Form 4
2025-06-02Lowenthal MariannedirectorAward / grant8,34842,876Form 4
2025-06-02Stephen Andrea MdirectorAward / grant8,34894,788Form 4
2025-06-02Murphy Devin IgnatiusdirectorAward / grant8,34817,487Form 4
2025-06-02Hirsch Daniel J.directorAward / grant8,34882,256Form 4
2025-04-04HERNANDEZ ENRIQUE JRdirectorAward / grant1,43526,894Form 4
2025-03-14Healey Doug JofficerAward / grant29,704150,888Form 4
2025-03-14Menard Ann CofficerAward / grant29,704158,989Form 4
2025-02-21Healey Doug JofficerAward / grant35,885121,184Form 4
2025-02-21Zecchini Christopher JofficerAward / grant9,56922,530Form 4
2025-02-21Menard Ann CofficerAward / grant35,885129,285Form 4
2025-02-21Swanstrom Daniel E IIdirectorAward / grant35,885113,284Form 4
2025-02-01Murphy Devin IgnatiusdirectorAward / grant2,1182,118Form 4
2025-01-01HERNANDEZ ENRIQUE JRdirectorAward / grant4,14225,209Form 4
2025-01-01Stephen Andrea MdirectorAward / grant3,57741,220Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-16 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

MemberChamberTypeFiledTradedSize
Christopher L. JacobsHousepurchase2022-07-282022-06-16$15–50K
Tom MalinowskiHousesale2021-07-092019-05-29$15–50K
Ro KhannaHousesale2020-05-132020-04-14$1–15K
Gilbert CisnerosHousesale2020-03-102020-02-07$1–15K
Ro KhannaHousesale2020-02-102020-01-08$1–15K
Ro KhannaHousesale2020-02-102020-01-08$1–15K
Gilbert CisnerosHousepurchase2020-01-102019-12-06$1–15K
Ro KhannaHousepurchase2019-11-122019-10-15$1–15K
Ro KhannaHousesale2019-09-112019-08-02$1–15K
Ro KhannaHousepurchase2019-09-112019-08-12$1–15K
Gilbert CisnerosHousesale2019-09-112019-08-14$1–15K
Ro KhannaHousepurchase2019-08-062019-07-01$1–15K
Gilbert CisnerosHousepurchase2019-06-182019-05-09$1–15K
Ro KhannaHousesale2019-05-102019-04-29$1–15K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.