Form 4: Bath & Body Works Director Receives Annual Equity Grant

Bath & Body Works, Inc. Director James Kevin Symancyk was granted 5,641 shares of common stock as part of a routine annual restricted stock unit award.

Summary

• James Kevin Symancyk, a Director at Bath & Body Works, Inc. (BBWI), acquired 5,641 shares of common stock.
• The transaction occurred on June 5, 2025, and was an acquisition (A) of securities.
• The shares were acquired at a price of $0.0000 per share, indicating an award rather than a purchase.
• This acquisition represents an annual award of restricted stock units to independent non-employee directors.
• Following this transaction, Mr. Symancyk beneficially owns a total of 17,879 shares of Bath & Body Works, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is positive as it reflects a routine and expected compensation event for a director, aligning their interests with shareholders. It does not indicate any negative operational or financial news.

Positives

• The grant of restricted stock units to a director aligns management's interests with those of shareholders, as the value of the award is tied to the company's stock performance.
• This is a routine annual compensation practice for independent non-employee directors, indicating stable corporate governance practices.

Future Outlook

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

Industry Context

This filing is a standard insider transaction report (Form 4) and does not provide specific insights into broader industry trends or competitive landscape. It reflects a common practice of compensating non-employee directors with equity.

Comparison to Industry Standards

• The practice of granting restricted stock units (RSUs) as part of non-employee director compensation is a common and widely accepted standard across various industries, including retail and consumer goods, aligning director incentives with shareholder value creation.
• While specific RSU grant sizes vary by company size, industry, and individual director responsibilities, this type of equity award is a benchmark compensation component for independent board members.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity award to a director helps align their interests with shareholders, potentially leading to decisions that enhance long-term stock value.
• Director: James Kevin Symancyk receives compensation in the form of equity, which is a common practice for non-employee directors.

Key Dates

Keywords

Bath & Body Works, BBWI, Form 4, Insider Transaction, Restricted Stock Units, Equity Award, Director Compensation, James Kevin Symancyk