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Bath & Body Works, Inc. (BBWI) Form 8-K — Sep 23, 2026

$BBWIForm 8-KItems 5.02, 9.01Filed Sep 23, 2026, 4:23 PM ET0001193125-26-399454Original filing

Bath & Body Works granted CEO Daniel Heaf a performance stock unit award with a target value of $10 million, equal to 591,366 shares, on September 21, 2026. The award vests over four years based on stock price hurdles: 75% of target at $40, 100% at $60, 150% at $80, and 200% at $100, measured on any 60 consecutive trading days during the period.

Key figures

Psu target value
$10 million
Psu target shares
591366
Performance period
four years (vest date September 20, 2030)
Stock price hurdles
["$40 (75%)","$60 (100%)","$80 (150%)","$100 (200%)"]
Relative tsr governor
50% reduction if TSR below 55th percentile of S&P 1500 Consumer Discretionary Distribution & Retail Index

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.