Major Victoria's Secret (VSCO) holder reports 1.14M-share open-market sale near $80
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,758 | $80.03 | $2.22M |
| Sale | Common Stock | 1,107,672 | $80.11 | $88.74M |
Footnotes (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.