Director at Victoria's Secret (NYSE: VSCO) adds 2,175 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Victoria's Secret & Co. director James Donna purchased additional shares of the company in the open market. On an April 2 transaction, Donna bought 2,175 shares of common stock at $46.23 per share in an open-market purchase. Following this trade, Donna directly owns 63,097 shares of Victoria's Secret common stock, indicating a modest increase in personal stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,175 shares ($100,550)
Net Buy
1 txn
Insider
JAMES DONNA
Role
Director
Bought
2,175 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,175 | $46.23 | $101K |
Holdings After Transaction:
Common Stock — 63,097 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 2,175 shares
Purchase price: $46.23 per share
Shares owned after trade: 63,097 shares
+1 more
4 metrics
Shares purchased
2,175 shares
Open-market purchase of common stock
Purchase price
$46.23 per share
Price paid in the April 2 open-market trade
Shares owned after trade
63,097 shares
Direct holdings following the transaction
Net buy shares
2,175 shares
Net change in position from this Form 4
Key Terms
open-market purchase, Purchase in open market or private transaction, Common Stock, Form 4
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Purchase in open market or private transaction financial
"transaction_code_description": "Purchase in open market or private transaction""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Victoria's Secret (VSCO) report for James Donna?
Victoria's Secret reported that director James Donna executed an open-market purchase of 2,175 shares of common stock. The transaction was recorded on a Form 4 and reflects a personal increase in his direct ownership position in the company.
Was the Victoria's Secret (VSCO) insider trade a buy or a sell?
The Form 4 shows a buy transaction. James Donna engaged in an open-market purchase of 2,175 Victoria's Secret common shares, categorized as a purchase in the transaction code description, with no reported sales in this filing.
What does an open-market purchase by a Victoria's Secret (VSCO) director mean?
An open-market purchase means the director used personal funds to buy shares on the public market at prevailing prices. In this case, James Donna bought 2,175 Victoria's Secret shares at $46.23, increasing his direct ownership to 63,097 shares.