4/A: Bath & Body Works Executive Corrects Stock Transaction Reporting Error

Sentiment:

SEC Filing


Thomas E. Mazurek, Chief Supply Chain Officer at Bath & Body Works, files an amended Form 4/A to correct an error in a previous filing regarding the vesting of performance stock units.

Summary

  • Thomas E. Mazurek, Chief Supply Chain Officer of Bath & Body Works, filed an amended SEC Form 4/A on March 27, 2025, to correct an error in the Form 4 filed on March 11, 2025.
  • The original filing incorrectly reported the vesting of 3,838 performance stock units and the related net settlement for tax withholding obligations, which had not yet occurred.
  • The corrected filing shows a transaction on March 9, 2025, where 776 shares of common stock were disposed of at a price of $32.62, with 47,702.577 shares beneficially owned following the transaction.
  • The total shares beneficially owned includes 64.577 shares acquired through the Issuer's Dividend Reinvestment Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. While the error itself is slightly negative, the correction is a positive sign of compliance and transparency.

Negatives

  • The initial Form 4 filed on March 11, 2025, contained an error regarding the vesting of performance stock units, requiring an amendment.

Industry Context

This filing is a routine disclosure related to insider trading activities, which are common for publicly traded companies. It is important for transparency and regulatory compliance.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders and potential investors.

Key Dates

DateDescription
03/09/2025Date of stock transaction (disposal of 776 shares).
03/11/2025Date of original Form 4 filing containing an error.
03/27/2025Date of amended Form 4/A filing to correct the error.

Keywords

Form 4/A, amendment, stock, Bath & Body Works, BBWI, Mazurek, performance stock units, dividend reinvestment plan, insider trading

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