Boratto Eva C 4
Research Summary
AI-generated summary
Bath & Body Works (BBWI) CFO Eva Boratto Receives RSU Award
What Happened
Eva C. Boratto, CFO of Bath & Body Works (BBWI), was granted 115,815 restricted stock units (RSUs) on March 12, 2026 (recorded as an "A" award/grant). On March 13, 2026, 10,782 shares were disposed/withheld at $19.50 per share to satisfy tax withholding obligations, representing $210,249. The RSU award shows an acquisition price of $0.00 (typical for RSU grants).
Key Details
- Transaction dates: Grant on 2026-03-12 (A); tax-withholding disposal on 2026-03-13 (F).
- Withholding price and value: 10,782 shares @ $19.50 = $210,249 withheld for taxes.
- Vesting: Award vests 30% on the first anniversary (Mar 12, 2027), 30% on the second, and 40% on the third (per footnote).
- Footnotes: F1 = vesting schedule; F2 = shares withheld to cover tax withholding.
- Filing: Form 4 filed 2026-03-16 — appears timely under the SEC two-business-day rule.
- Shares owned after the transaction: not specified in the provided summary (see the filed Form 4 for full ownership details).
Context
RSU grants are a form of compensation, not an outright purchase; they generally indicate standard executive pay rather than a direct bullish market bet. The withheld shares were surrendered to cover tax obligations (routine practice), not an indication of a voluntary sale.