Bath & Body Works grants CEO Daniel Heaf USD 10 million performance stock unit award
Bitget2026/09/23 20:24- Bath & Body Works granted CEO Daniel Heaf a performance stock unit award with a target value of $10 million on Sept. 21, 2026.
- Award target equals 591,366 shares, tied to stock price goals over a four-year performance period.
- Payout scales from 75% to 200% of target if a 60-day average share price reaches $40 to $100.
- Earned units vest on the fourth anniversary of the grant date, subject to continued employment or a qualifying termination.
- Earned amount is cut 50% if relative TSR ranks below the 55th percentile versus the S&P 1500 Consumer Discretionary Distribution & Retail Index.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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