Victoria's Secret (VSCO) officer has 5,614 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Victoria's Secret & Co. executive Elizabeth Preis, Chief Marketing & Cust Officer, reported a tax-related share disposition. On June 2, 2026, 5,614 shares of Common Stock were delivered at $80.06 per share to cover tax obligations. After this tax-withholding transaction, she directly holds 54,011 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Preis Elizabeth
Role
Chief Marketing & Cust Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,614 | $80.06 | $449K |
Holdings After Transaction:
Common Stock — 54,011 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 5,614 shares
Price per share: $80.06 per share
Post-transaction holdings: 54,011 shares
+1 more
4 metrics
Tax-withholding shares
5,614 shares
Common Stock delivered for tax liability on June 2, 2026
Price per share
$80.06 per share
Value used for tax-withholding disposition
Post-transaction holdings
54,011 shares
Directly held common stock after tax-withholding transaction
Transaction code
Code F
Payment of exercise price or tax liability by delivering securities
Key Terms
tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Victoria's Secret (VSCO) executive Elizabeth Preis report?
Elizabeth Preis reported a tax-withholding share disposition. On June 2, 2026, 5,614 shares of Victoria's Secret & Co. common stock were delivered to satisfy tax obligations, leaving her with 54,011 directly held shares after the transaction.
Was Elizabeth Preis’s Victoria's Secret (VSCO) Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. The Form 4 shows code F, described as payment of exercise price or tax liability by delivering securities, indicating an administrative tax event instead of an elective share sale.
What role does Elizabeth Preis hold at Victoria's Secret (VSCO) in the Form 4 filing?
Elizabeth Preis is listed as Chief Marketing & Cust Officer. The Form 4 identifies her as an officer of Victoria's Secret & Co., and the reported transaction involves her directly held common stock used to satisfy tax-related obligations.