Ward Tamara 4
4 · BRAND HOUSE COLLECTIVE, INC. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Brand House Collective (TBHC) Director Tamara Ward Surrenders 23,463 Shares
What Happened
Tamara Ward, a director of Brand House Collective, reported a disposition to the issuer of 23,463 shares on April 2, 2026. The filing reports no per-share price or total cash value for the disposition. Footnotes to the Form 4 state this action occurred at the effective time of Brand House’s merger with Bed Bath & Beyond, under which outstanding restricted share units and company shares were converted into Bed Bath & Beyond common stock (or cash in lieu of fractional shares).
Key Details
- Transaction date: 2026-04-02; Form 4 filed: 2026-04-03 (timely filing).
- Reported transaction: Disposition to issuer (code D) of 23,463 shares; price and total value shown as N/A.
- Post-transaction shares owned: not specified in this filing.
- Relevant footnotes:
- F1: Brand House became a wholly owned subsidiary of Bed Bath & Beyond at the merger effective time.
- F2–F3: Each Brand House share/RSU converted into the right to receive 0.1993 shares of Bed Bath & Beyond common stock (plus cash for fractional shares). By that exchange ratio, 23,463 Brand House shares would convert to roughly 4,676 Bed Bath & Beyond shares (plus any fractional-share cash), per the Merger Agreement.
- No indication in the filing of a separate open-market sale, 10b5-1 plan, or late filing.
Context
This is a merger-related surrender/conversion rather than a standard sale or purchase. Dispositions tied to corporate transactions (mergers, RSU conversions, tax withholding) frequently appear on Form 4 and do not necessarily reflect the insider’s view on future company performance.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2][F3]2026-04-02−23,463→ 0 total
Footnotes (3)
- [F1]On April 2, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated November 24, 2025, by and among Bed Bath & Beyond, Inc., a Delaware corporation ("Parent"), Knight Merger Sub II, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), and the Issuer, the Issuer became a wholly owned subsidiary of Parent (the "Merger").
- [F2]At the effective time of the Merger (the "Effective Time"), each Company restricted share unit ("Company RSU") outstanding immediately prior to the Effective Time vested and was converted into the right to receive, without interest and subject to applicable withholding taxes, a number of validly issued, fully paid and nonassessable shares of Parent's common stock, par value $0.0001 per share ("Parent Common Stock") equal to (i) the number of shares of common stock, no par value per share, of the Company ("Company Common Stock") subject to such Company RSU immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio (as defined below), plus any Fractional Share Cash Consideration (as defined in the Merger Agreement) in accordance with the Merger Agreement.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, each share of Company Common Stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive 0.1993 shares (the "Exchange Ratio") of Parent Common Stock, plus cash in lieu of any fractional shares of Parent Common Stock that otherwise would have been issued.