Brady Lucy 4

What Happened
Lucy Brady, an independent director of Bath & Body Works, was granted 7,970 restricted stock units (RSUs) on 2026-06-11. The grant is reported as an award/acquisition (code A) at $0.00 cash consideration (no purchase price). This is an annual non-employee director equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (filed on time).
• Reported price per share: $0.00 (award/grant). Reported cash value at grant: $0.
• Shares acquired: 7,970 restricted stock units.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — “Annual award of restricted stock units to independent non-employee directors.”
• Transaction type/code: A = Award/Grant of equity (RSUs).

Context
RSU awards to independent directors are routine compensation and typically vest over a defined schedule; they do not represent an outright cash purchase or sale and do not, by themselves, signal buying or selling intent. RSUs are usually taxable when they vest and may be subject to withholding or net settlement at that time (no tax-withholding detail was reported in this Form 4).