Jubert Melody Rose 4

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.