Tamminga Neely J. 4

What Happened
Neely J. Tamminga, a director of Brand House Collective, reported a disposition of 23,463 shares on April 2, 2026. The Form 4 lists this as a "Disposition to the issuer" (transaction code D) with no per‑share price disclosed — the shares were affected by the company’s merger into Bed Bath & Beyond, not an open‑market sale.

Key Details

• Transaction date: 2026-04-02 (filed on 2026-04-03). Transaction code: D (Disposition to issuer). Price: N/A on the Form 4.
• Shares disposed: 23,463 Company shares (Company RSUs converted/vested and then converted at closing).
• Resulting Parent shares: Each Company share converted into 0.1993 shares of Bed Bath & Beyond common stock per the merger; 23,463 × 0.1993 ≈ 4,676.18 shares of Parent common stock (insider to receive approximately 4,676 shares plus cash for the fractional share).
• Footnotes: F1–F3 explain that Brand House became a wholly owned subsidiary of Bed Bath & Beyond at the Effective Time, all Company RSUs vested and converted into Parent common stock per the Merger Agreement, and the Exchange Ratio was 0.1993 with cash in lieu for fractional shares.
• Timeliness: Filed the day after the transaction date; appears to be timely (not marked late).

Context
This was a corporate‑action disposition tied to the merger (conversion of RSUs to Parent stock and/or cancellation), not an insider selling shares into the market for personal liquidity. Such merger-driven dispositions are routine outcomes of M&A and do not necessarily signal a director’s view on the combined company’s prospects.