Form 4: Bath & Body Works Director Stephen Steinour Receives Annual Equity Award

Stephen D. Steinour, a Director at Bath & Body Works, Inc. (BBWI), has reported the acquisition of 5,641 shares of common stock as part of an annual restricted stock unit award.

Summary

• Stephen D. Steinour, a Director of Bath & Body Works, Inc. (BBWI), acquired 5,641 shares of common stock on June 5, 2025.
• The acquisition was an annual award of restricted stock units to independent non-employee directors, with a transaction price of $0.0000 per share.
• Following this transaction, Mr. Steinour directly beneficially owns 41,475 shares of Common Stock.
• Additionally, Mr. Steinour indirectly beneficially owns 12,925 shares through his spouse, 9,900 shares through the Patricia M. Steinour Legacy Trust, and 9,900 shares through the Stephen D. Steinour Dynasty Trust, totaling 32,725 indirect shares.
• The total beneficial ownership for Mr. Steinour after this transaction is 74,200 shares (41,475 direct + 32,725 indirect).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates a director receiving equity compensation, which aligns their interests with shareholders. However, it's a routine transaction and not indicative of significant operational or financial news.

Positives

• The acquisition of shares by a director, even as an award, aligns management's interests with those of shareholders, potentially indicating confidence in the company's long-term performance.

Future Outlook

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

Management Comments

• The filing indicates that the transaction was an 'Annual award of restricted stock units to independent non-employee directors.'

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects a standard compensation practice for non-employee directors within publicly traded companies, aiming to align their interests with shareholders.

Stakeholder Impact

• Shareholders: The transaction increases the director's equity stake, potentially signaling stronger alignment with shareholder interests.

Key Dates

Keywords

Bath & Body Works, BBWI, Stephen D. Steinour, Director, SEC Form 4, Insider Transaction, Restricted Stock Units, Equity Award, Beneficial Ownership