Form 4: Bath & Body Works Chief Supply Chain Officer Reports Routine Stock Transactions

Sentiment:

Insider Transaction Report


Thomas E. Mazurek, Chief Supply Chain Officer at Bath & Body Works, Inc., reported the acquisition of shares from performance unit vesting and subsequent disposition for tax obligations.

Summary

  • Thomas E. Mazurek, Chief Supply Chain Officer of Bath & Body Works, Inc. (BBWI), reported transactions on May 28, 2025, involving the company's common stock.
  • He acquired 3,900 shares of Common Stock, $0.50 par value, at a price of $0.0000 per share. These shares were received upon the vesting of performance stock units that were originally granted on March 9, 2022.
  • Concurrently, 1,390 shares were disposed of at a price of $30.48 per share. This disposition was made to cover tax withholding obligations associated with the vesting of the performance stock units.
  • Following these reported transactions, Mr. Mazurek directly beneficially owns 77,732.577 shares of Bath & Body Works, Inc. common stock.

Sentiment

Score: 6

Explanation: Slightly positive. While shares were sold for tax purposes, the underlying event is the vesting of performance units, which indicates the achievement of targets and the executive's continued equity stake in the company.

Positives

  • The acquisition of 3,900 shares reflects the vesting of performance stock units, indicating the achievement of previously set performance targets by the Chief Supply Chain Officer.
  • The Chief Supply Chain Officer continues to hold a significant number of shares (77,732.577), which aligns his interests with those of the company's shareholders.

Negatives

  • A total of 1,390 shares were disposed of to cover tax withholding obligations, which, while a routine event, results in a reduction of the executive's direct share ownership.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report for an executive at Bath & Body Works, Inc., a prominent retail company. Such filings are standard across all industries as part of executive compensation and tax management, reflecting the vesting of equity awards.

Stakeholder Impact

  • Shareholders: The transaction is a routine part of executive compensation and does not signal significant changes in company performance or strategy. It confirms an executive's continued equity stake, which generally aligns management interests with shareholder interests.

Key Dates

DateDescription
2022-03-09Date performance stock units were granted to Thomas E. Mazurek.
2025-05-28Date of stock acquisition (vesting of performance stock units) and disposition (shares withheld for tax obligations).
2025-05-30Date the Form 4 was signed by the reporting person's attorney-in-fact.

Keywords

Bath & Body Works, BBWI, Form 4, Insider Transaction, Stock Vesting, Performance Stock Units, Executive Compensation, Thomas E. Mazurek, Chief Supply Chain Officer, Share Ownership

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