Form 4: Bath & Body Works Executive Deon Riley Reports Stock Transaction
SEC Form 4 Filing
Deon Riley, Chief Human Resources Officer at Bath & Body Works, reported a disposition of shares to cover tax obligations.
Summary
- On March 9, 2024, Deon Riley, the Chief Human Resources Officer of Bath & Body Works, Inc. (BBWI), reported a transaction involving the disposition of 1,253 shares of common stock at a price of $44.76 per share.
- This transaction was executed to satisfy tax obligations related to equity awards.
- Following the transaction, Riley directly owns 55,537 shares of Bath & Body Works common stock, which includes 105 shares acquired under the Issuer's Associate Stock Purchase Plan on December 31, 2023.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2023/12/31 | 105 shares acquired under the Issuer's Associate Stock Purchase Plan |
| 2024/03/09 | Transaction date: Disposition of 1,253 shares |
| 2024/03/12 | Date of signature for the Form 4 filing |
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