Bath & Body Works (BBWI) awards 12,940 restricted stock units to new Chief Legal Officer
Rhea-AI Filing Summary
Aber Ann reported acquisition or exercise transactions in this Form 4 filing.
Bath & Body Works, Inc. reported that Chief Legal Officer and Corporate Secretary Ann Aber received a new hire grant of 12,940 shares of common stock in the form of restricted stock units. The award vests 30% on the first and second anniversaries of the August 10, 2026 Grant Date, and 40% on the third anniversary, and represents her reported direct holding of 12,940 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,940 shares
Net Buy
1 txn
Insider
Aber Ann
Role
Chief Legal Officer &Corp Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.50 par value F1 | 12,940 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.50 par value — 12,940 shares (Direct)
Footnotes (1)
- F1. New Hire grant of restricted stock units vesting 30% on the first anniversary of August 10, 2026 (the "Grant Date"), 30% on the second anniversary of the Grant Date and 40% on the third anniversary of the Grant Date.
Key Figures
Restricted stock units granted: 12,940 shares
First tranche vesting: 30%
Second tranche vesting: 30%
+3 more
6 metrics
Restricted stock units granted
12,940 shares
New hire grant of restricted stock units to Ann Aber
First tranche vesting
30%
Vests on the first anniversary of August 10, 2026 (Grant Date)
Second tranche vesting
30%
Vests on the second anniversary of the Grant Date
Final tranche vesting
40%
Vests on the third anniversary of the Grant Date
Shares held after transaction
12,940 shares
Direct holdings reported for Ann Aber after the grant
Grant price per share
$0.00 per share
Equity award, not a market purchase
Key Terms
restricted stock units, Grant Date, Chief Legal Officer &Corp Secy
3 terms
restricted stock units financial
"New Hire grant of restricted stock units vesting 30% on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant Date financial
"on the first anniversary of August 10, 2026 (the "Grant Date")"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Chief Legal Officer &Corp Secy financial
"Ann Aber serves as Chief Legal Officer &Corp Secy"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Bath & Body Works (BBWI) report for Ann Aber?
Bath & Body Works reported that Ann Aber, Chief Legal Officer and Corporate Secretary, received a grant of 12,940 restricted stock units of common stock as a new hire equity award, with vesting spread over three years from the Grant Date.
What is the vesting schedule of Ann Aber’s BBWI restricted stock unit grant?
The new hire grant vests 30% on the first anniversary of August 10, 2026 (the Grant Date), 30% on the second anniversary of the Grant Date, and 40% on the third anniversary of the Grant Date, subject to the award’s terms.
Is Ann Aber’s Bath & Body Works (BBWI) equity grant under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported transactions were not affirmed as made pursuant to a Rule 10b5-1 trading plan. The grant is described as a new hire award of restricted stock units.
What role does Ann Aber hold at Bath & Body Works (BBWI) in this Form 4?
Ann Aber is identified as an officer of Bath & Body Works, serving as Chief Legal Officer and Corporate Secretary. The Form 4 reports her receipt of a new hire restricted stock unit grant tied to this executive role.