Form 4: Bath & Body Works Chief Legal Officer Reports Stock Transaction
SEC Filing
Michael C. Wu, Chief Legal Officer & Corp Secy of Bath & Body Works, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 19, 2025, Michael C. Wu, Chief Legal Officer & Corp Secy of Bath & Body Works, Inc. [BBWI], reported a transaction involving the disposition of 2,301 shares of common stock at a price of $33.58.
- The shares were withheld to cover tax obligations associated with the vesting of restricted stock units.
- Following the transaction, Wu directly owns 85,009.178 shares of Bath & Body Works common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates that a company insider sold shares, likely to cover tax obligations related to vested equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the stock transaction (disposition of shares). |
| 05/21/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, BBWI, Bath & Body Works, Michael C. Wu, Stock Transaction, Insider Trading, Restricted Stock Units, Tax Withholding
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