Victoria's Secret Insider Borgonovo Files Form 4 on March 19, 2026

TL;DR

**Victoria's Secret insider Borgonovo just filed a Form 4, signaling a change in her stock ownership.**

AI Summary

On March 19, 2026, Lucrecia Borgonovo, an insider at Victoria's Secret & Co. (VSCO), filed a Form 4 indicating a change in her beneficial ownership of the company's securities. While the filing details are not fully available in the provided text, a Form 4 typically reports transactions like stock sales, purchases, or grants. This matters to investors because insider activity can signal management's confidence (or lack thereof) in the company's future prospects, potentially influencing stock price.

Why It Matters

Insider transaction filings like this Form 4 provide transparency into how key executives are managing their personal holdings in the company, which can be a leading indicator for other investors.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of insider activity and does not inherently indicate high risk without knowing the specifics of the transaction.

Analyst Insight

A smart investor would await the full details of the Form 4 to understand the nature of Lucrecia Borgonovo's transaction (e.g., a sale or purchase) before making any investment decisions, as the provided text only confirms the filing, not its content.

Key Players & Entities

• Borgonovo Lucrecia (person) — Reporting Person, insider at Victoria's Secret & Co.
• Victoria's Secret & Co. (company) — Issuer of the securities
• 0001856437 (company) — CIK for Victoria's Secret & Co.
• 0002121403 (person) — CIK for Borgonovo Lucrecia
• 2026-03-19 (date) — Period of Report

FAQ

Filing Documents

• doc4.html (4)
• doc4.xml (4) — 3KB
• 0001225208-26-003930.txt ( ) — 4KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Borgonovo Lucrecia (Last) (First) (Middle) 4 LIMITED PARKWAY EAST (Street) REYNOLDSBURG OHIO 43068 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Victoria's Secret & Co. [ VSCO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief People Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/19/2026 A 13,444 A $ 0.0000 13,444 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: Robert J. Tannous, by Power of Attorney for Lucrecia Borgonovo 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR