WALKER KATHRYN EBERLE 4

What Happened

• Kathryn Eberle Walker, a director of Barnes & Noble Education, received a grant of 23,867 restricted stock units (RSUs) on March 11, 2026. The RSUs were granted at $0.00 per share (no cash payment required at grant); each RSU represents a contingent right to one share of BNED common stock upon vesting.

Key Details

• Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13; filing appears timely).
• Transaction code: A (award/grant); reported price: $0.00; shares awarded: 23,867 RSUs.
• Vesting: RSUs vest on the earlier of one year from the grant date or the issuer's next annual meeting of stockholders (per footnote).
• Shares owned after transaction: not specified in the provided filing.
• No 10b5-1 plan, tax withholding, or cashless sale noted in this filing.

Context

• RSU grants to directors are a common form of compensation and do not represent an open-market buy or sell. The economic value to the insider will depend on BNED's share price at vesting. This award is an issuance of equity compensation rather than a purchase or sale that would directly signal insider buying or selling.