Bed Bath & Beyond (BBBY) CEO awarded 1.5M restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEMONIS MARCUS reported acquisition or exercise transactions in this Form 4 filing.
Bed Bath & Beyond, Inc. executive chairman and CEO Marcus Lemonis received a grant of 1,500,000 restricted stock units, each representing a contingent right to one share of common stock. The grant was approved by shareholders on May 14, 2026, after being originally granted on March 11, 2026.
The restricted stock units vest in four equal installments at the close of business on January 1, 2027, January 1, 2028, January 1, 2029, and January 1, 2030, with vested shares delivered promptly after each vesting date. Following this transaction, Lemonis is shown as beneficially owning 1,500,000 restricted stock units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEMONIS MARCUS
Role
EXECUTIVE CHAIRMAN & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,500,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,500,000 shares (Direct, null)
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 were granted on March 11, 2026 subject to shareholder approval, which shareholder approval was received on May 14, 2026. The restricted stock units vest in four equal installments at the close of business on January 1, 2027, January 1, 2028, January 1, 2029, and January 1, 2030. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amounts shown reflect restricted stock units from the subject grant beneficially owned following the transaction reported herein.
Key Figures
RSU grant size: 1,500,000 restricted stock units
Underlying shares: 1,500,000 shares of common stock
Grant date: March 11, 2026
+4 more
7 metrics
RSU grant size
1,500,000 restricted stock units
Grant to Marcus Lemonis, executive chairman & CEO
Underlying shares
1,500,000 shares of common stock
Each RSU equals one common share upon vesting
Grant date
March 11, 2026
Date RSUs were granted, subject to shareholder approval
Shareholder approval date
May 14, 2026
Date shareholders approved the RSU grant
First vesting date
January 1, 2027
First of four equal annual vesting installments
Final vesting date
January 1, 2030
Last of four equal annual vesting installments
Post-transaction RSUs held
1,500,000 restricted stock units
Beneficially owned from the reported grant after transaction
Key Terms
Restricted Stock Units, shareholder approval, beneficially owned, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"Amounts shown reflect restricted stock units from the subject grant beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vest financial
"The restricted stock units vest in four equal installments at the close of business"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did BBBY CEO Marcus Lemonis report?
Marcus Lemonis reported receiving 1,500,000 restricted stock units. Each unit represents a contingent right to one share of Bed Bath & Beyond common stock, forming a significant equity-based compensation award tied to future vesting dates through January 1, 2030.
When were Marcus Lemonis’s BBBY restricted stock units approved?
The restricted stock units were granted on March 11, 2026, subject to shareholder approval. Shareholders approved the grant on May 14, 2026, allowing the 1,500,000 restricted stock units to become effective as part of Lemonis’s equity compensation package.
How do Marcus Lemonis’s BBBY restricted stock units vest?
The 1,500,000 restricted stock units vest in four equal installments. Vesting occurs at the close of business on January 1, 2027, January 1, 2028, January 1, 2029, and January 1, 2030, with vested shares delivered promptly after each vesting date.
What does each BBBY restricted stock unit granted to Marcus Lemonis represent?
Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond common stock. The units convert into shares only as they vest over time and are then delivered to Marcus Lemonis following each scheduled vesting date.
How many BBBY restricted stock units does Marcus Lemonis hold from this grant?
Following the reported transaction, Marcus Lemonis is shown as beneficially owning 1,500,000 restricted stock units from this grant. These units will convert into common shares only as they vest over the four annual installments ending January 1, 2030.