Form 4: Bath & Body Works Executive Julie Rosen Reports Stock Disposal
SEC Form 4 Filing
Julie Rosen, President of Retail at Bath & Body Works, reported the disposal of 3,675 shares of common stock to cover tax obligations.
Summary
- On May 19, 2024, Julie Rosen, President of Retail at Bath & Body Works, disposed of 3,675 shares of common stock at a price of $50.16 per share.
- The transaction was executed to cover tax obligations.
- Following the transaction, Rosen directly owns 60,496 shares of Bath & Body Works common stock.
- Rosen also indirectly owns 12,361 shares through the Rosen Family Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal for tax purposes, which is a routine transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of stock disposal transaction |
| 05/20/2024 | Date of signature by Attorney-in-Fact |
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