Rajlin Juan 4
Research Summary
AI-generated summary
Bath & Body Works (BBWI) Director Rajlin Juan Receives Award
What Happened
Rajlin Juan, an independent director of Bath & Body Works, received a grant of 7,970 restricted stock units (RSUs) on 2026-06-11. The award shows an acquisition price of $0.00 (compensation grant), meaning no cash was paid. This was a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; reported on Form 4 filed 2026-06-15 (timely filed).
- Transaction type/code: Award/Grant (A) — 7,970 shares acquired at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — Annual award of restricted stock units to independent non-employee directors.
- Likely subject to vesting and forfeiture conditions typical for RSUs (vesting schedule not detailed in the filing).
Context
This is a routine director compensation award, common for independent board members, and does not necessarily indicate the director is buying or selling shares based on company outlook. RSUs usually vest over time, so the economic benefit may be deferred and contingent on continued service.