LEMONIS MARCUS 4

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.