Director for Bed Bath & Beyond (BBBY) buys 20,000 shares via trust
Rhea-AI Filing Summary
Bed Bath & Beyond director Joseph J. Tabacco Jr. reported an open-market purchase of 20,000 shares of Common Stock at a weighted average price of $5.11 per share. The shares were bought on March 10, 2026 in multiple trades between $5.07 and $5.13 per share.
The purchase was made indirectly through the Joseph Tabacco and Peggy Schmidt Revocable Trust, where he is trustee and beneficiary. After this transaction, the trust held 167,209 shares, and he also held 11,506 shares directly.
The filing also notes previously issued warrants from October 7, 2025, covering 1,150 shares directly and 14,720 shares indirectly, each exercisable for one share of common stock at an exercise price of $15.50 per warrant, with an expiration date of October 7, 2026.
Positive
- None.
Negative
- None.
Insights
Director-linked trust buys 20,000 BBBY shares; warrants add optional upside.
Director Joseph J. Tabacco Jr., through the Joseph Tabacco and Peggy Schmidt Revocable Trust, executed an open-market purchase of 20,000 Bed Bath & Beyond shares at a weighted average of $5.11. This lifts the trust’s holdings to 167,209 shares, while he also holds 11,506 shares directly.
The transaction is classified as a net buy with no reported sales, suggesting a routine increase in exposure rather than profit-taking. The filing also records warrants issued on October 7, 2025 covering 1,150 shares directly and 14,720 shares indirectly at a $15.50 exercise price, expiring on October 7, 2026. These instruments provide additional, higher-strike leverage that becomes relevant only if the stock trades above the exercise price.
Given the scale of reported ownership and absence of dispositions, the activity appears incremental rather than transformative. The informational value lies mainly in the director-associated trust choosing to add common shares while retaining previously distributed warrants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $5.11 | $102K |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Common Stock Warrant | 1,150 | $0.00 | -- |
| Grant/Award | Common Stock Warrant | 14,720 | $0.00 | -- |
Footnotes (1)
- $5.11 is the weighted average purchase price for the 20,000 shares purchased on March 10, 2026. The shares were purchased in multiple transactions at prices ranging from $5.07 to $5.13 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price. Mr. Tabacco is trustee and beneficiary of the Joseph Tabacco and Peggy Schmidt Revocable Trust. 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 share of common stock at an exercise price of $15.50 per warrant. This distribution was exempt from immediate reporting under Section 16.
