Putnam Leah R 4

What Happened
Leah R. Putnam, Chief Accounting Officer of Bed Bath & Beyond, received a grant of 40,000 restricted stock units (RSUs) on March 11, 2026. The award is recorded as a derivative acquisition at $0.00 per unit (no cash paid at grant). The filing reports these 40,000 RSUs as beneficially owned following the grant.

Key Details

• Transaction date: 2026-03-11; Form 4 filed 2026-03-12 (timely filing).
• Transaction type/code: Award/Grant (A); derivative security (RSUs) acquired at $0.00.
• Units granted/owned after transaction: 40,000 restricted stock units (each converts to one common share upon vesting).
• Vesting: Three equal installments at close of business on Feb 17, 2027; Feb 17, 2028; Feb 17, 2029. Vested shares to be delivered promptly after each vesting date.
• Footnote: The RSUs are contingent rights to receive common stock; amounts shown reflect the RSUs from this grant beneficially owned following the transaction. No 10b5-1 plan or tax-withholding sale was noted.

Context
This was a compensation award (RSUs), not an open-market buy or sale. RSU grants are common for executive pay and are tied to future vesting dates; they do not represent an immediate cash investment or disposition by the insider.