Form 4: Bath & Body Works Executive Michael Wu Reports Stock Transaction
SEC Form 4 Filing
Michael Wu, Chief Legal Officer & Corp Secy of Bath & Body Works, reported the disposition of 1,071 shares of common stock on March 9, 2024, to cover tax obligations.
Summary
- On March 9, 2024, Michael Wu, the Chief Legal Officer & Corp Secy of Bath & Body Works, disposed of 1,071 shares of common stock.
- The transaction was executed at a price of $44.76 per share.
- Following the transaction, Wu directly owns 41,511 shares of Bath & Body Works stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations.
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 impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/09/2024 | Date of stock transaction |
| 03/12/2024 | Date of signature by Attorney-in-Fact |
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