Hondal Francis 4
Research Summary
AI-generated summary
Bath & Body Works (BBWI) Director Hondal Francis Receives RSU Award
What Happened
- Hondal Francis, an independent non-employee director of Bath & Body Works (BBWI), was granted 7,970 restricted stock units (RSUs) on 2026-06-11. The grant is reported as an award/acquisition at $0.00 (no cash exchange at grant). The filing indicates this is an annual director award.
Key Details
- Transaction date: 2026-06-11. Report filed: 2026-06-15 (filed within the two-business-day reporting window).
- Securities: 7,970 restricted stock units (RSUs) acquired; reported price $0.00; reported cash value at grant not stated in the filing.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: annual award of restricted stock units to independent non-employee directors.
- Timeliness: filing appears timely (filed within required reporting period).
Context
- RSUs are awards that typically vest over a period and convert into shares only upon vesting; they are common non-cash compensation for board members. Such routine annual grants are standard director pay and do not by themselves indicate the director’s immediate buying or selling intent.