LEMONIS MARCUS 4
4 · BED BATH & BEYOND, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
BBBY CEO Marcus Lemonis Receives Awards; Shares Withheld
What Happened
- Marcus Lemonis, CEO and Executive Chairman of Bed Bath & Beyond (BBBY), had restricted stock units and earned performance shares vest/convert into common stock on March 10, 2026.
- Specifically, 166,666 restricted stock units vested and converted, and 141,432 performance shares (one‑third of 424,300 earned) vested and converted — a total of 308,098 shares delivered.
- To satisfy tax/exercise obligations, 59,813 shares and 34,680 shares (total 94,493 shares) were withheld/disposed at $4.91 per share, producing proceeds of $293,682 and $170,279 respectively (combined ~$463,961). Net shares delivered to Lemonis after withholding were 213,605.
Key Details
- Transaction date: March 10, 2026.
- Conversion/exercise type: Reported as "M" (exercise/conversion of derivatives) for 166,666 and 141,432 shares at $0.00 (i.e., conversion/vesting rather than a cash option purchase).
- Withholding/tax payment: Reported as "F" — 59,813 shares @ $4.91 ($293,682) and 34,680 shares @ $4.91 ($170,279) were disposed to cover tax/exercise obligations.
- Footnotes:
- RSUs vest in three equal installments (Mar 10, 2026/2027/2028); vested RSUs are delivered promptly after vesting.
- Performance shares were granted Mar 10, 2025; compensation committee determined 424,300 were earned on Feb 4, 2026; one-third vested Mar 10, 2026, with remaining tranches tied to continued service.
- Report reflects shares from the subject grants beneficially owned following these transactions.
- Filing timing: Form filed Mar 12, 2026 reporting the Mar 10, 2026 events (no late filing flag shown in the provided data).
Context
- These transactions are primarily awards converting into stock (not open‑market purchases or sales). The withholding (F) entries are routine tax/exercise payments rather than discretionary sales of previously owned shares.
- For retail investors, awards/vesting indicate compensation delivery rather than an immediate bullish or bearish insider trade; the withheld shares are standard practice to satisfy tax liabilities.
Insider Transaction Report
Form 4
LEMONIS MARCUS
DirectorEXECUTIVE CHAIRMAN & CEO
Transactions
- Award
Common Stock
[F1]2026-03-10+166,666→ 622,817 total - Tax Payment
Common Stock
2026-03-10$4.91/sh−59,813$293,682→ 563,004 total - Award
Common Stock
[F2][F3]2026-03-10+141,432→ 704,436 total - Tax Payment
Common Stock
2026-03-10$4.91/sh−34,680$170,279→ 669,756 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-10−166,666→ 333,334 total→ Common Stock (166,666 underlying) - Exercise/Conversion
Performance Shares
[F2][F3]2026-03-10−141,432→ 282,868 total→ Common Stock (141,432 underlying)
Footnotes (3)
- [F1]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 three equal installments at the close of business on March 10, 2026, March 10, 2027 and March 10, 2028. 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.
- [F2]Each performance share represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. On March 10, 2025 the reporting person was granted an award of performance shares, which are scheduled to vest in three equal installments at the close of business on March 10, 2026, March 10, 2027, and March 10, 2028, subject to and upon the satisfaction of certain performance criteria. On February 4, 2026, the compensation committee of the Issuer's board of directors determined that a total of 424,300 performance shares were earned based on performance relative to the performance criteria for fiscal year 2025. Accordingly, one-third of the earned performance shares (or 141,432 performance shares) vested on March 10, 2026.
- [F3](Continued from footnote 2) The remaining earned performance shares will vest based on continued service through the applicable vesting date specified above. Amounts shown reflect performance shares from the subject grant beneficially owned following the transaction reported herein.
Signature
/s/ Christina Wheeler, Attorney-in-Fact|2026-03-12