STOCK TITAN

Major Victoria's Secret (VSCO) holder reports 1.14M-share open-market sale near $80

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Victoria's Secret & Co. large shareholder BBRC International Pte Ltd, in its capacity as trustee for the BB Family International Trust and related entities, reported open-market sales of a total of 1,135,430 shares of common stock on June 2 and June 4, 2026 at weighted average prices around $80 per share. After these transactions, the reporting group held 9,175,201 shares indirectly.

Positive

  • None.

Negative

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Insights

Large affiliated holder reports net open-market share sales around $80.

An affiliated holder of Victoria's Secret & Co., BBRC International Pte Ltd acting as trustee for the BB Family International Trust and related entities, disclosed two open-market sales of common stock. The transactions totaled 1,135,430 shares at weighted average prices slightly above $80 per share.

Following these sales, the group reported indirect ownership of 9,175,201 shares. The filing describes weighted average sale prices and notes that shares are held through trust and corporate entities, with the reporting person disclaiming beneficial ownership beyond its pecuniary interest.

The transactions are classified as open-market sales under code "S" and do not involve derivatives, exercises, or tax-withholding events in this filing. Future company filings may provide additional context on any subsequent ownership changes.

Insider BBRC INTERNATIONAL PTE LTD
Role null
Sold 1,135,430 shs ($90.96M)
Type Security Shares Price Value
Sale Common Stock 27,758 $80.03 $2.22M
Sale Common Stock 1,107,672 $80.11 $88.74M
Holdings After Transaction: Common Stock — 9,175,201 shares (Indirect, See Footnote 3)
Footnotes (1)
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.69, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.19, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Consists of shares owned by the reporting person, as trustee for the BB Family International Trust (the "BB Family Trust"), and by BBFIT Investments Pte Ltd ("BBFIT"). BB Family Trust is the sole shareholder of BBFIT. The reporting person, as the trustee of BB Family Trust, may be deemed to beneficially own the shares owned by BBFIT and BB Family Trust. The reporting person expressly disclaims beneficial ownership of any securities of the Issuer except for those securities that are owned directly by the reporting person or to the extent of the reporting person's pecuniary interest therein.
Shares sold June 2, 2026 1,107,672 shares Open-market sale of common stock at weighted average $80.11
Shares sold June 4, 2026 27,758 shares Open-market sale of common stock at weighted average $80.03
Total shares sold 1,135,430 shares Combined open-market sales reported in this Form 4
Price range June 2 trades $80.00–$80.19 Weighted average sale price $80.11 per share
Price range June 4 trades $80.00–$80.69 Weighted average sale price $80.03 per share
Shares held after transactions 9,175,201 shares Indirect ownership reported following June 4, 2026 sale
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own financial
"may be deemed to beneficially own the shares owned by BBFIT and BB Family Trust."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
ten percent owner financial
""is_ten_percent_owner": 1"
indirect ownership financial
""ownership_type": "indirect""
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
BBRC INTERNATIONAL PTE LTD

(Last)(First)(Middle)
3 PHILLIP STREET #09-05
ROYAL GROUP BUILDING

(Street)
SINGAPOREU0048693

(City)(State)(Zip)

SINGAPORE

(Country)
2. Issuer Name and Ticker or Trading Symbol
Victoria's Secret & Co. [ VSCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026S1,107,672D$80.11(1)9,202,959I(3)See Footnote 3
Common Stock06/04/2026S27,758D$80.03(2)9,175,201I(3)See Footnote 3
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.69, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.19, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
3. Consists of shares owned by the reporting person, as trustee for the BB Family International Trust (the "BB Family Trust"), and by BBFIT Investments Pte Ltd ("BBFIT"). BB Family Trust is the sole shareholder of BBFIT. The reporting person, as the trustee of BB Family Trust, may be deemed to beneficially own the shares owned by BBFIT and BB Family Trust. The reporting person expressly disclaims beneficial ownership of any securities of the Issuer except for those securities that are owned directly by the reporting person or to the extent of the reporting person's pecuniary interest therein.
/s/ Brett Blundy, Managing Director06/04/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BBRC International report for Victoria's Secret (VSCO)?

BBRC International Pte Ltd, linked to the BB Family International Trust, reported two open-market sales totaling 1,135,430 shares of Victoria's Secret common stock. The sales occurred on June 2 and June 4, 2026, at weighted average prices of about $80 per share.

At what prices were the recent VSCO insider share sales executed?

The reported insider sales used weighted average prices. One transaction averaged $80.11 per share within a $80.00–$80.19 range. The other averaged $80.03 per share within a $80.00–$80.69 range, reflecting multiple trades within each price band.

How many Victoria's Secret (VSCO) shares did the insider hold after these sales?

After completing the reported open-market sales, the reporting group held 9,175,201 shares of Victoria's Secret common stock indirectly. This position reflects ownership through the BB Family International Trust and BBFIT Investments Pte Ltd, with BBRC International acting as trustee and reporting person.

Who actually owns the VSCO shares tied to BBRC International's Form 4 filing?

The shares are owned by the BB Family International Trust and BBFIT Investments Pte Ltd. BB Family International Trust is the sole shareholder of BBFIT, and BBRC International Pte Ltd, as trustee, may be deemed to beneficially own these shares to the extent of its pecuniary interest.

Were the Victoria's Secret (VSCO) insider trades single executions or multiple trades?

Each reported transaction reflects a weighted average price for multiple executions. The filing notes trades were completed in several lots within stated price ranges, and the reporting person offers to provide detailed trade-level data upon request to regulators or security holders.