Victoria's Secret McAfee sells 7,000 shares

The three weighted-average sale prices were within disclosed ranges of $97.785 to $97.955, $99.23 to $100.21 and $98.30 to $99.20.

Available on EDGAR 11/03/2026 - 04:16 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Victoria's Secret & Co. Chief Legal & Compliance Officer Melinda R. McAfee sold 7,000 common shares on November 2, 2026, in three reported transactions: 700 shares at a weighted-average $97.8450, 1,354 at $99.6012, and 4,946 at $98.8536. The sales occurred automatically under a Rule 10b5-1 trading plan adopted July 1, 2026.

Insider Trade Summary 10b5-1

Net Seller: 7,000 shares

Net Sell 3 txns

Insider McAfee Melinda R.

Role Chief Legal & Compliance Ofcr

Sold 7,000 shs ($692K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2, F3	700	$97.845	$68K
Sale	Common Stock F1, F4, F3	1,354	$99.6012	$135K
Sale	Common Stock F1, F5, F3	4,946	$98.8536	$489K

Holdings After Transaction: Common Stock — 156,817 shares (Direct)

Footnotes (5)

1. F1. The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Ms. McAfee on July 1, 2026.
2. F2. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $97.785 to $97.955. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.
3. F3. Total includes 664 shares acquired under the Victoria's Secret & Co. Associate Stock Purchase Plan that were exempt pursuant to Rule 16b-3.
4. F4. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $99.23 to $100.21. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.
5. F5. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $98.30 to $99.20. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.

Key Figures

Common shares sold: 7,000 shares Shares sold: 700 shares Weighted-average sale price: $97.8450 per share +4 more

7 metrics

Common shares sold 7,000 shares Total reported sales on November 2, 2026

Shares sold 700 shares Reported transaction on November 2, 2026

Weighted-average sale price $97.8450 per share Reported transaction for 700 shares on November 2, 2026

Shares sold 1,354 shares Reported transaction on November 2, 2026

Weighted-average sale price $99.6012 per share Reported transaction for 1,354 shares on November 2, 2026

Shares sold 4,946 shares Reported transaction on November 2, 2026

Weighted-average sale price $98.8536 per share Reported transaction for 4,946 shares on November 2, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average, Rule 16b-3

3 terms

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average financial

"Price represents a weighted average of the sale price."

A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.

Rule 16b-3 regulatory

"exempt pursuant to Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VSXY shares did Melinda R. McAfee sell, and at what prices?

Melinda R. McAfee, Victoria's Secret & Co.'s Chief Legal & Compliance Officer, sold 7,000 common shares on November 2, 2026: 700 at a weighted-average $97.8450, 1,354 at $99.6012, and 4,946 at $98.8536. The sales occurred automatically under a Rule 10b5-1 trading plan adopted July 1, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED 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).

X

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^*

McAfee Melinda R.

(Last) (First) (Middle)

4 LIMITED PARKWAY EAST

(Street)

REYNOLDSBURG OHIO 43068

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Victoria's Secret & Co. [ VSXY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Compliance Ofcr

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/02/2026		S(1)		700	D	$97.845(2)	163,117(3)	D
Common Stock	11/02/2026		S(1)		1,354	D	$99.6012(4)	161,763(3)	D
Common Stock	11/02/2026		S(1)		4,946	D	$98.8536(5)	156,817(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Ms. McAfee on July 1, 2026.

2. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $97.785 to $97.955. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.

3. Total includes 664 shares acquired under the Victoria's Secret & Co. Associate Stock Purchase Plan that were exempt pursuant to Rule 16b-3.

4. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $99.23 to $100.21. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.

5. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $98.30 to $99.20. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person willprovide the full information about the number of shares sold at each separate price.

	Robert J. Tannous, by Power of Attorney for Melinda McAfee	11/03/2026
	** Signature of Reporting Person	Date
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)