Form 4: Victoria's Secret CFO Timothy Johnson Reports Stock Disposal
SEC Form 4 Filing
CFO & CAO of Victoria's Secret, Timothy A. Johnson, reports disposing of 591 shares of common stock on August 1, 2024, at a price of $16.77 per share.
Summary
- On August 1, 2024, Timothy A. Johnson, the CFO & CAO of Victoria's Secret & Co. (VSCO), disposed of 591 shares of common stock.
- The transaction was executed at a price of $16.77 per share.
- Following the transaction, Johnson directly owns 130,645 shares of Victoria's Secret & Co.
- The transaction was reported on August 2, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock disposal transaction |
| 08/02/2024 | Date of Form 4 filing |
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