Bed Bath & Beyond CAO files Form 4 for RSUs and warrants
Rhea-AI Filing Summary
Bed Bath & Beyond (BBBY) Chief Accounting Officer, who files individually, reported equity award activity and a warrant distribution. On 11/15/2025, the officer acquired 1,186 shares of common stock at an exercise price of $0.0001 through the vesting and settlement of restricted stock units, and disposed of 289 shares at $6.03, typically reflecting shares withheld or sold to cover taxes. Following these transactions, the officer directly holds 3,077 shares of common stock.
In the derivative table, the officer shows 26,906 restricted stock units beneficially owned after the reported RSU conversion, each representing one share of common stock, vesting in two equal installments on November 15, 2025 and November 15, 2026. The officer also acquired 218 common stock warrants with a $15.50 exercise price from an October 7, 2025 pro-rata distribution to all common shareholders, which become exercisable once an S-3 registration statement for the warrant shares is declared effective and remain exercisable through October 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,186 | $0.00 | -- |
| Exercise | Common Stock | 1,186 | $0.0001 | $0.12 |
| Tax Withholding | Common Stock | 289 | $6.03 | $2K |
| Grant/Award | Common Stock Warrant | 218 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units vest or have vested in two equal installments at the close of business on November 15, 2025 and November 15, 2026. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules. Represents warrants that were originally issued on October 7, 2025 as a pro-rata distribution to all holders of common stock. Each warrant entitles the holder to purchase one common share at an exercise price of $15.50 per warrant. This distribution was exempt from immediate reporting under Section 16. The warrants will become exercisable beginning as of the date a registration statement on Form S-3 registering the issuance of the shares upon exercise of the of the warrants is declared effective by the SEC and may be exercised at any time thereafter through the Expiration Date.
FAQ
What insider activity did BBBY's Chief Accounting Officer report on this Form 4?
The Chief Accounting Officer of Bed Bath & Beyond (BBBY) reported the settlement of 1,186 restricted stock units into common stock, a related disposition of 289 shares at $6.03, and the acquisition of 218 common stock warrants from a pro-rata distribution.
What are the details of the restricted stock units reported by BBBY's officer?
The officer converted 1,186 restricted stock units into common stock and continues to beneficially own 26,906 restricted stock units, each representing one share of common stock, vesting in two equal installments on November 15, 2025 and November 15, 2026.
What warrants did the BBBY insider receive and on what terms?
The officer holds 218 common stock warrants that were originally issued on October 7, 2025 as a pro-rata distribution to all common shareholders. Each warrant allows the purchase of one common share at an exercise price of $15.50 and is exercisable once a Form S-3 registration statement for the warrant shares is declared effective, through October 7, 2026.
Why was the BBBY warrant distribution not reported immediately under Section 16?
The filing notes that the warrants issued on October 7, 2025 as a pro-rata distribution to all holders of common stock were exempt from immediate reporting under Section 16.
What does each BBBY restricted stock unit represent for the reporting person?
Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond common stock, with vested shares delivered promptly after vesting.