LEMONIS MARCUS 4
4 · BED BATH & BEYOND, INC. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
BBBY CEO Marcus Lemonis Receives 1.5M Restricted Stock Units
What Happened
Marcus Lemonis, Executive Chairman & CEO of Bed Bath & Beyond, Inc. (BBBY), was granted 1,500,000 restricted stock units (RSUs) on May 14, 2026. The RSUs were awarded at $0 per share (no cash paid) and are reported as a derivative grant; they represent contingent rights to receive common shares if and when they vest.
Key Details
- Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (timely filed within the 2-business-day window).
- Type: Award/Grant of RSUs (derivative) — 1,500,000 RSUs @ $0.00.
- Shares reported as beneficially owned after the transaction: 1,500,000 RSUs from this grant (will convert to shares upon vesting).
- Footnotes:
- F1: Each RSU equals a contingent right to one share of common stock.
- F2: Grant date was March 11, 2026, but grant was subject to shareholder approval received May 14, 2026.
- F3: Vesting schedule: four equal installments at the close of business on Jan 1 of 2027, 2028, 2029, and 2030; vested shares will be delivered promptly after vesting.
Context
RSUs are compensation awards that convert into shares only after they vest; no shares were issued or sold at grant and no cash changed hands. This is an executive compensation grant (not an open-market purchase or sale), so it reflects planned compensation rather than an immediate insider buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-05-14+1,500,000→ 1,500,000 total→ Common Stock (1,500,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock.
- [F2]The restricted stock units were granted on March 11, 2026 subject to shareholder approval, which shareholder approval was received on May 14, 2026.
- [F3]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.