BBRC INTERNATIONAL PTE LTD 4

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.