McAfee Melinda R. 4

What Happened

• Melinda R. McAfee, Chief Legal & Compliance Officer of Victoria's Secret & Co. (VSCO), received an award/acquisition of 16,546 shares on March 19, 2026 (reported on Form 4). To satisfy tax withholding obligations, 13,445 of those shares were transferred/disposed at $48.35 per share, totaling $650,066. Based on this filing, that results in a net retention of 3,101 shares (16,546 awarded minus 13,445 withheld).

Key Details

• Transaction date: 2026-03-19; Filing date: 2026-03-23 (filing appears timely).
• Award/acquisition: 16,546 shares at $0.00 (code A).
• Tax withholding/disposition: 13,445 shares at $48.35, amounting to $650,066 (code F).
• Net shares retained from the award (per this filing): 3,101 shares.
• Footnote: The total includes 664 shares acquired under the Victoria's Secret & Co. Associate Stock Purchase Plan that were exempt pursuant to Rule 16b-3.
• The filing excerpt does not specify total shares owned by McAfee after these transactions.

Context

• This appears to be a routine equity award/vesting event with a portion of shares surrendered to cover tax liabilities (common practice, not an open-market sale). Such tax-withholding dispositions (code F) are administrative and do not necessarily indicate a change in the insider's view of the company.