Jubert Melody Rose 4
4 · BRAND HOUSE COLLECTIVE, INC. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Brand House (TBHC) CTO Melody Rose Surrenders 139,837 Shares
What Happened
- Jubert Melody Rose, Chief Transformation Officer of Brand House Collective, had restricted stock units vest in early April 2026. To satisfy tax-withholding obligations, she had 7,907 shares withheld on April 1 and 30,460 shares withheld on April 2 (both reported as “F” tax-withholding dispositions) for total cash value of $7,432 and $28,629 respectively. On April 2 she also disposed of 101,470 shares to the issuer in connection with the company’s merger, for a total of 139,837 shares surrendered/disposed.
- The cash reported ($7,432 + $28,629 = $36,061) relates only to the shares withheld to cover taxes; the larger 101,470-share disposition is tied to the merger conversion and shows N/A for cash proceeds in the filing.
Key Details
- Transaction dates and prices:
- 2026-04-01: 7,907 shares withheld for taxes @ $0.94 = $7,432 (F)
- 2026-04-02: 30,460 shares withheld for taxes @ $0.94 = $28,629 (F)
- 2026-04-02: 101,470 shares disposed to issuer in connection with the merger (D) — cash value N/A
- Shares surrendered total: 139,837 shares.
- Shares owned after transaction: Not specified in this Form 4 excerpt; footnotes state the reporting person retained the remaining shares from the vested RSUs.
- Notable footnotes:
- F1/F2: Shares withheld to satisfy tax withholding on RSUs that vested April 1 (26,666 RSUs vested, partial withheld) and April 2 (107,995 RSUs vested, partial withheld); remaining vested shares were retained.
- F3–F5: Brand House became a wholly owned subsidiary of Bed Bath & Beyond at the merger effective time; each Company RSU converted into the right to receive Parent (Bed Bath & Beyond) common stock based on an exchange ratio of 0.1993, with cash in lieu of fractional shares.
- Filing timeliness: Form filed 2026-04-03 for transactions on 2026-04-01 and 2026-04-02 — appears timely (within the typical two-business-day window).
Context
- These were not open-market sales; the smaller disposals were tax-withholding (shares surrendered to cover tax on vested RSUs). The larger disposition was a corporate-action conversion/turn-in of shares tied to the merger, not a discretionary sale for cash.
- For retail investors, tax withholding and merger-related conversions are routine administrative transactions and do not necessarily signal the insider’s view of the stock.
Insider Transaction Report
Form 4Exit
Jubert Melody Rose
Chief Transformation Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-04-01$0.94/sh−7,907$7,432→ 131,930 total - Tax Payment
Common Stock
[F2]2026-04-02$0.94/sh−30,460$28,629→ 101,470 total - Disposition to Issuer
Common Stock
[F3][F4][F5]2026-04-02−101,470→ 0 total
Footnotes (5)
- [F1]Represents shares withheld to satisfy the reporting person's tax withholding obligation with respect to the 26,666 restricted stock units that vested on April 1, 2026. The reporting person retained the remaining shares.
- [F2]Represents shares withheld to satisfy the reporting person's tax withholding obligation with respect to the 107,995 restricted stock units that vested on April 2, 2026. The reporting person retained the remaining shares.
- [F3]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").
- [F4]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.
- [F5]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.
Signature
/s/ Michael W. Sheridan, Attorney-in-Fact for Melody R. Jubert|2026-04-02