SEC Form 4 · accession 0001225208-26-007898
Bath & Body Works, Inc. · BBWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Heaf
Officer — CEO · Director
Period of report
Sep 21, 2026
Accepted (ET)
Sep 23, 2026 · 4:52 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000701985
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1 | $0.00 | Sep 21, 2026 | A | 591,366 | A | — | Sep 21, 2030 | Common Stock, $0.50 par value | 591,366 | 591,366 | D |
Explanation of responses
- F1One-time grant of performance share units that may be earned at 75%, 100%, 150% or 200% of the target level based on the achievement of stock price hurdles of $40, $60, $80 or $100, respectively, during a four-year performance period. The number of units earned will generally be reduced by 50% if the Issuer's relative total shareholder return is below the 55th percentile of the S&P 1500 Consumer Discretionary Distribution & Retail Index. Any earned units generally vest on the fourth anniversary of the grant date, subject to the Reporting Person's continued employment.