Victoria's Secret Insider Filing: Sekella Adds 11,161 Shares
Rhea-AI Filing Summary
Insider filing shows an acquisition by Victoria's Secret & Co. executive Scott Sekella. The Form 4 reports that on 09/02/2025 Scott Sekella (Chief Financial & Operating Officer) acquired 11,161 shares of Victoria's Secret & Co. common stock at a reported price of $0.0000, bringing his total beneficial ownership to 32,645 shares. The filing was submitted on 09/05/2025 and was signed by Robert J. Tannous by power of attorney. The document indicates the report was filed by one reporting person and does not include derivative transactions or additional explanatory details.
Positive
- Transaction disclosed publicly via Form 4 showing compliance with Section 16 reporting requirements
- Acquisition recorded: 11,161 common shares added, increasing beneficial ownership to 32,645 shares
Negative
- None.
Insights
TL;DR: Executive acquired 11,161 common shares, increasing beneficial ownership to 32,645 shares; transaction reported on Form 4.
The Form 4 is a routine insider disclosure showing a non-derivative acquisition of 11,161 shares by Scott Sekella, listed as Chief Financial & Operating Officer, on 09/02/2025. The reported price is $0.0000, which in Form 4 contexts commonly indicates a stock grant, stock split, or similar issuance rather than an open-market purchase; however, the filing provides no text explanation of the $0.0000 price. Beneficial ownership following the transaction is 32,645 shares. There are no derivative holdings reported. The filing was executed under power of attorney by Robert J. Tannous on 09/05/2025. Impact is likely routine and informational for shareholders tracking insider ownership.
TL;DR: Disclosure is standard Section 16 reporting; it documents an ownership increase by a named officer.
This Form 4 identifies the reporting person, relationship to the issuer, transaction date, and post-transaction beneficial ownership as required for Section 16 compliance. The form checks that it was filed by one reporting person and lists the reporter's role as an officer. The absence of an explanatory note about the $0.0000 price means the filing does not specify whether this was a grant, award, or administrative issuance. The filing appears complete for the data it contains and serves its compliance purpose.