BBRC INTERNATIONAL PTE LTD 4
4 · Victoria's Secret & Co. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Victoria's Secret (VSCO) 10% Owner BBRC International Sells Shares
What Happened
BBRC International Pte Ltd, a reported 10% owner of Victoria's Secret & Co. (VSCO), sold a total of 1,135,430 shares in open-market transactions. On 2026-06-02 it disposed of 1,107,672 shares at a weighted average price of $80.11 for proceeds of $88,735,604 (footnote: trades ranged $80.00–$80.69). On 2026-06-04 it disposed of 27,758 shares at a weighted average price of $80.03 for proceeds of $2,221,473 (footnote: trades ranged $80.00–$80.19). Total proceeds were $90,957,077. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-06-02: 1,107,672 shares @ $80.11 (weighted average; trades $80.00–$80.69) — $88,735,604.
- 2026-06-04: 27,758 shares @ $80.03 (weighted average; trades $80.00–$80.19) — $2,221,473.
- Total shares sold: 1,135,430; total proceeds: $90,957,077.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnote F3: Shares are held by the BB Family International Trust and BBFIT Investments Pte Ltd; BBRC, as trustee, may be deemed to beneficially own those shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing: Report filed on 2026-06-04 (covering a 2026-06-02 transaction); filing timing appears to be within standard Form 4 reporting windows and not indicated as late.
Context
This filing reflects institutional selling by a reported 10% owner (not an executive). Footnotes note the reported prices are weighted averages across multiple trades; the reporting person will provide a per-trade breakdown on request. Sales by large shareholders are informative about share movements but do not, by themselves, indicate the motivations or future outlook of company management.
Insider Transaction Report
- Sale
Common Stock
[F1][F3]2026-06-02$80.11/sh−1,107,672$88,735,604→ 9,202,959 total(indirect: See Footnote 3) - Sale
Common Stock
[F2][F3]2026-06-04$80.03/sh−27,758$2,221,473→ 9,175,201 total(indirect: See Footnote 3)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.