Mazurek Thomas E. 4
4 · Bath & Body Works, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Bath & Body Works (BBWI) Thomas Mazurek (CSCO) Receives RSU Award
What Happened
Thomas E. Mazurek, Chief Supply Chain Officer at Bath & Body Works (BBWI), received an award of 40,921 restricted stock units (RSUs) on 2026-03-12 (reported as an acquisition at $0). On 2026-03-13, 6,327 shares were withheld to satisfy tax withholding obligations at $19.50 per share, a disposition valued at approximately $123,377. Using the $19.50 share price applied for withholding, the grant’s implied market value is roughly $798k (40,921 × $19.50), though the grant is reported at $0 as compensation.
Key Details
- Transaction dates: Grant on 2026-03-12 (code A); tax-withholding disposition on 2026-03-13 (code F).
- Prices: Grant reported at $0 (compensation). Withholding price used: $19.50/share; withholding value ≈ $123,377.
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Vesting: Annual RSU vesting per footnote — 30% on 1st anniversary (3/12/27), 30% on 2nd, 40% on 3rd.
- Withholding: 6,327 shares were withheld to cover tax obligations (routine).
- Other note: Filing states total ownership includes 354.827 shares from the issuer’s Dividend Reinvestment Plan.
- Filing timeliness: Report filed 2026-03-16 for a 2026-03-12 transaction; this appears to be within the standard Form 4 reporting window (timely).
Context
This filing reflects a standard executive compensation grant (RSUs) and routine share withholding to satisfy taxes, not an open-market buy or discretionary sale. RSUs vest over future anniversaries, so the award is long-term compensation rather than an immediate purchase signal. The tax-withholding disposition (cashless/withheld shares) is common and does not, by itself, indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock, $0.50 par value
[F1]2026-03-12+40,921→ 118,653.577 total - Tax Payment
Common Stock, $0.50 par value
[F2][F3]2026-03-13$19.50/sh−6,327$123,377→ 112,681.404 total
Footnotes (3)
- [F1]Annual grant of restricted stock units vesting 30% on the first anniversary of March 12, 2026 (the "Grant Date"), 30% on the second anniversary of the Grant Date and 40% on the third anniversary of the Grant Date.
- [F2]Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.
- [F3]Total includes 354.827 shares acquired pursuant to the Issuer's Dividend Reinvestment Plan.