Bath & Body Works awards CEO Heaf $10M PSU grant with stock price hurdles

Bath & Body Works, Inc.

Granted CEO Daniel Heaf 591,366 performance share units with $10M target value on Sep 21, 2026.
Earns 75%/100%/150%/200% of target if 60-day avg close hits $40/$60/$80/$100 by Sep 20, 2030.
Earned shares cut 50% if TSR falls below 55th percentile vs S&P 1500 Consumer Discretionary Distribution & Retail.
Vests Sep 20, 2030 (4th anniversary) subject to continued employment; Change in Control waives TSR governor.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.