Victoria's Secret exec disposes 1,519 shares
Victoria's Secret & Co.'s CFO had 1,519 shares withheld for option exercise price or tax obligations, leaving 59,830 shares directly held.
Rhea-AI Filing Summary
Victoria's Secret & Co. (VSXY) reported that its Chief Financial & Op. Officer, Sekella Scott, had 1,519 shares of common stock disposed of on September 2, 2026 as a payment of exercise price or tax liability by delivering or withholding securities at a filed reference price of $84.81 per share.
After this code F transaction, Scott directly holds 59,830 shares of Victoria's Secret & Co. common stock. No Rule 10b5-1 trading plan is indicated for this transaction.
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Insights
Analyzing...
Insider Trade Summary
Exercise Price or Tax Liability: 1,519 shares
Exercise Price or Tax Liability
1 txn
Insider
Sekella Scott
Role
Chief Financial & Op. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,519 | $84.81 | $129K |
Holdings After Transaction:
Common Stock — 59,830 shares (Direct)
Key Figures
Shares delivered or withheld: 1,519 shares
Reference price per share: $84.81 per share
Shares held after transaction: 59,830 shares
3 metrics
Shares delivered or withheld
1,519 shares
Code F transaction on September 2, 2026 for payment of exercise price or tax liability
Reference price per share
$84.81 per share
Filed price associated with the 1,519-share code F disposition
Shares held after transaction
59,830 shares
Direct holdings of common stock by Sekella Scott following the transaction
Key Terms
Payment of exercise price or tax liability, Rule 10b5-1, code F transaction
3 terms
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is indicated for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
code F transaction financial
"This code F transaction for 1,519 shares was not reported as under a plan"
FAQ
What insider transaction did VSXY report for Chief Financial & Op. Officer Sekella Scott?
VSXY reported that Sekella Scott had 1,519 shares of common stock disposed of on September 2, 2026 to pay the exercise price or tax liability by delivering or withholding shares, a code F transaction rather than an open-market sale.
Was the VSXY insider transaction by Sekella Scott under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, so this code F transaction for 1,519 shares was not reported as being made under a Rule 10b5-1 trading plan.
Does the Form 4 for VSXY show any open-market buying or selling by Sekella Scott?
No. The Form 4 lists only a code F transaction, which is a payment of exercise price or tax liability by delivering or withholding securities. It does not report any open-market purchases or sales (codes P or S).
AI-generated analysis. How Rhea-AI works. Not financial advice.