Bath & Body Works (BBWI) CFO gets 115,815-share RSU grant, 10,782 shares withheld for taxes

Rhea-AI Filing Summary

Bath & Body Works, Inc. Chief Financial Officer Eva C. Boratto reported routine equity compensation changes. She received a grant of 115,815 shares of common stock as restricted stock units that vest over three years starting on March 12, 2026. In a related step, 10,782 shares were withheld to cover tax obligations upon vesting of restricted stock units. After these transactions, she directly owns 223,459 shares of common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boratto Eva C

(Last) (First) (Middle)

THREE LIMITED PARKWAY

(Street)

COLUMBUS OH 43230

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bath & Body Works, Inc. [ BBWI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.50 par value	03/12/2026		A		115,815(1)	A	$0.0000	234,241	D
Common Stock, $0.50 par value	03/13/2026		F		10,782(2)	D	$19.5	223,459	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Annual grant of restricted stock units vesting 30% on the first anniversary of March 12, 2026 (the "Grant Date"), 30% on the second anniversary of the Grant Date and 40% on the third anniversary of the Grant Date.

2. Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.

	Robert J. Tannous, Attorney-in-Fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did BBWI CFO Eva Boratto report on this Form 4?

Eva C. Boratto reported receiving 115,815 shares of Bath & Body Works common stock as a restricted stock unit grant. She also reported 10,782 shares withheld to cover tax obligations tied to restricted stock unit vesting, leaving her with direct ownership of 223,459 shares.

How many Bath & Body Works (BBWI) shares does the CFO hold after these transactions?

Following the reported grant and tax withholding, Eva C. Boratto directly owns 223,459 shares of Bath & Body Works common stock. This figure reflects the net position after 10,782 shares were withheld in connection with restricted stock unit vesting for tax obligations.

What is the structure of the restricted stock unit grant to BBWI’s CFO?

The 115,815-share restricted stock unit grant to Eva C. Boratto vests 30% on the first anniversary of March 12, 2026, 30% on the second anniversary, and 40% on the third anniversary. This creates a three-year, time-based vesting schedule tied to continued service.

Why were 10,782 BBWI shares disposed of in the CFO’s Form 4 filing?

The 10,782 Bath & Body Works shares were withheld to cover tax withholding obligations when restricted stock units vested. This tax-withholding disposition is a non-market transaction, meaning the shares were not sold on the open market but retained by the company for tax payment.

Was the BBWI CFO’s Form 4 transaction an open-market stock sale or purchase?

No open-market stock sale or purchase was reported. The Form 4 shows a grant of 115,815 restricted stock units and a related withholding of 10,782 shares for taxes, both categorized as non-derivative, compensation-related and tax-withholding transactions rather than market trades.