BBBY CAO logs equity vesting and tax share withholding
Bed Bath & Beyond’s Chief Accounting Officer Leah R. Putnam reported multiple equity award vesting and related share transactions on February 4, 2026.
Rhea-AI Filing Summary
Bed Bath & Beyond’s Chief Accounting Officer Leah R. Putnam reported multiple equity award vesting and related share transactions on February 4, 2026. Restricted stock units and performance shares converted into common stock at nominal exercise prices of $0.001 or $0.0001 per share.
To cover tax obligations on these vestings, the company withheld blocks of common shares at a price of $5.62 per share under transaction code "F". Following the reported transactions, Putnam continued to hold directly beneficially owned common stock and derivative awards, with vesting of remaining earned performance shares and RSUs scheduled through February 4, 2028, subject to service and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,914 shares exercised/converted
Exercise
12 txns
Insider
Putnam Leah R
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,811 | $0.001 | $5.81 |
| Exercise | Restricted Stock Units | 1,929 | $0.001 | $1.93 |
| Exercise | Performance Shares | 1,644 | $0.001 | $1.64 |
| Exercise | Performance Shares | 7,530 | $0.001 | $7.53 |
| Exercise | Common Stock | 5,811 | $0.0001 | $0.58 |
| Exercise Price or Tax Liability | Common Stock | 1,415 | $5.62 | $8K |
| Exercise | Common Stock | 1,929 | $0.0001 | $0.19 |
| Exercise Price or Tax Liability | Common Stock | 470 | $5.62 | $3K |
| Exercise | Common Stock | 1,644 | $0.0001 | $0.16 |
| Exercise Price or Tax Liability | Common Stock | 488 | $5.62 | $3K |
| Exercise | Common Stock | 7,530 | $0.0001 | $0.75 |
| Exercise Price or Tax Liability | Common Stock | 1,820 | $5.62 | $10K |
Holdings After Transaction:
Restricted Stock Units — 19,166 contracts (Direct);
Performance Shares — 18,347 contracts (Direct);
Common Stock — 15,798 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units vest or have vested in three equal installments at the close of business on February 4, 2026, February 4, 2027 and February 4, 2028. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.
- F2. Each performance share represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. On February 4, 2025 the reporting person was granted an award of performance shares, which are scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028, subject to and upon the satisfaction of certain performance criteria. On February 4, 2026, the compensation committee of the Issuer's board of directors determined that a total of 4,931 performance shares were earned based on performance relative to the performance criteria for fiscal year 2025. Accordingly, one-third of the earned performance shares (or 1,644 performance shares) vested on February 4, 2026. The remaining earned performance shares will vest based on continued service through the applicable vesting date specified above.
- F3. Each performance share represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. On March 10, 2025 the reporting person was granted an award of performance shares, which are scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028, subject to and upon the satisfaction of certain performance criteria. On February 4, 2026, the compensation committee of the Issuer's board of directors determined that a total of 22,590 performance shares were earned based on performance relative to the performance criteria for fiscal year 2025. Accordingly, one-third of the earned performance shares (or 7,530 performance shares) vested on February 4, 2026. The remaining earned performance shares will vest based on continued service through the applicable vesting date specified above.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did BBBY Chief Accounting Officer Leah Putnam report?
Leah R. Putnam reported vesting of restricted stock units and performance shares on February 4, 2026, which converted into Bed Bath & Beyond common stock at nominal prices. Some resulting shares were withheld at $5.62 per share to satisfy tax withholding obligations related to these equity awards.
What do BBBY restricted stock units represent in Leah Putnam’s Form 4?
Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond common stock. These RSUs vest in three equal installments on February 4, 2026, 2027 and 2028, with vested shares delivered to Leah Putnam promptly after vesting, excluding previously granted RSUs with different schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
