Bath & Body Works (BBWI) CFO gets 115,815-share RSU grant, 10,782 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bath & Body Works, Inc. Chief Financial Officer Eva C. Boratto reported routine equity compensation changes. She received a grant of 115,815 shares of common stock as restricted stock units that vest over three years starting on March 12, 2026. In a related step, 10,782 shares were withheld to cover tax obligations upon vesting of restricted stock units. After these transactions, she directly owns 223,459 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Boratto Eva C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.50 par value | 10,782 | $19.50 | $210K |
| Grant/Award | Common Stock, $0.50 par value | 115,815 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.50 par value — 223,459 shares (Direct)
Footnotes (1)
- Annual grant of restricted stock units vesting 30% on the first anniversary of March 12, 2026 (the "Grant Date"), 30% on the second anniversary of the Grant Date and 40% on the third anniversary of the Grant Date. Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.
FAQ
What insider transactions did BBWI CFO Eva Boratto report on this Form 4?
Eva C. Boratto reported receiving 115,815 shares of Bath & Body Works common stock as a restricted stock unit grant. She also reported 10,782 shares withheld to cover tax obligations tied to restricted stock unit vesting, leaving her with direct ownership of 223,459 shares.
What is the structure of the restricted stock unit grant to BBWI’s CFO?
The 115,815-share restricted stock unit grant to Eva C. Boratto vests 30% on the first anniversary of March 12, 2026, 30% on the second anniversary, and 40% on the third anniversary. This creates a three-year, time-based vesting schedule tied to continued service.
Was the BBWI CFO’s Form 4 transaction an open-market stock sale or purchase?
No open-market stock sale or purchase was reported. The Form 4 shows a grant of 115,815 restricted stock units and a related withholding of 10,782 shares for taxes, both categorized as non-derivative, compensation-related and tax-withholding transactions rather than market trades.