New Victoria's Secret Board Member Takes $100K+ Stake in Lingerie Giant
Rhea-AI Filing Summary
A Form 3 filing reveals David W. McCreight has been appointed as a Director of Victoria's Secret (NYSE: VSCO) effective June 18, 2025. This initial statement of beneficial ownership discloses that McCreight directly owns 3,246 shares of common stock in the company.
Key details from the filing:
- McCreight holds the position of Director with no other executive roles or 10% ownership status
- All shares are held in direct ownership (D) form
- No derivative securities (options, warrants, etc.) were reported
- The filing was executed by Robert J. Tannous via Power of Attorney on June 23, 2025
This Form 3 filing is required under Section 16(a) of the Securities Exchange Act of 1934 for initial reporting of insider ownership upon becoming a company director, officer, or 10% shareholder.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCreight David W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,246 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is David McCreight and what position did they take at VSCO?
David McCreight was appointed as a Director of Victoria's Secret & Co. (VSCO) as reported in the Form 3 filing dated June 28, 2025. This was an initial statement of beneficial ownership following his appointment to the board of directors.
Does David McCreight own any derivative securities of VSCO?
No, according to Table II of the Form 3 filing, David McCreight does not own any derivative securities of VSCO (such as options, warrants, or convertible securities).
When did David McCreight's appointment requiring this VSCO Form 3 filing occur?
The date of event requiring this Form 3 statement was June 18, 2025, which represents when David McCreight became subject to Section 16 filing requirements as a director of VSCO.
Is David McCreight considered a 10% owner of VSCO?
No, according to the Form 3 filing, McCreight is only marked as a Director (X) and not as a 10% Owner in Section 4 of the form, which details the reporting person's relationship to the issuer.