Burkey Joanna M. 4

What Happened

Joanna M. Burkey, a director of Bed Bath & Beyond, sold 9,943 shares of BBBY stock on June 4, 2026. The sales generated approximately $63,436 in gross proceeds, at a reported weighted-average price of $6.38 per share (individual trade prices ranged from $6.38 to $6.40). The sale was reported on a Form 4 filed June 8, 2026.

Key Details

• Transaction type: Sale (Code S) — open-market sales under a trading plan
• Transaction date: June 4, 2026
• Shares sold: 9,943
• Price: weighted average $6.38; range $6.38–$6.40 per share
• Proceeds: ~$63,436 (gross)
• Shares owned after transaction: Not specified in the provided filing
• Notable footnotes:
  • The sale was effected under a Rule 10b5-1 trading plan adopted March 5, 2026 (pre‑arranged sale plan).
  • The reported price is a weighted average; the filer can provide counts per price on request.
• Filing timeliness: The Form 4 was filed on June 8, 2026, four days after the transaction date; this is later than the typical two-business-day reporting window for Form 4s.

Context

A 10b5-1 plan indicates the trades were pre-scheduled and are commonly used by insiders to sell shares on a set schedule; such sales are often routine and do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases by insiders tend to be more informative than routine sales, but noting patterns of insider buying or large, unusual sales over time can be useful.