454,545 RSUs awarded to Bed Bath & Beyond (BBBY) president Amy Sullivan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sullivan Amy Ervin reported acquisition or exercise transactions in this Form 4 filing.
Bed Bath & Beyond, Inc. reported that its President, Amy Ervin Sullivan, received a grant of 454,545 restricted stock units, each representing one share of common stock. The RSUs were granted on April 2, 2026, subject to shareholder approval, which was obtained on May 14, 2026.
The RSUs vest in four equal installments at the close of business on April 2, 2027, April 2, 2028, April 2, 2029 and April 2, 2030, with vested shares delivered promptly after each vesting date. Following this grant, Sullivan beneficially owns 454,545 RSUs from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Amy Ervin
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 454,545 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 454,545 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units were granted on April 2, 2026 subject to shareholder approval, which shareholder approval was received on May 14, 2026. The restricted stock units vest in four equal installments at the close of business on April 2, 2027, April 2, 2028, April 2, 2029, and April 2, 2030. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amounts shown reflect restricted stock units from the subject grant beneficially owned following the transaction reported herein.
Key Figures
RSUs granted: 454,545 units
Underlying common shares: 454,545 shares
Transaction date: May 14, 2026
+3 more
6 metrics
RSUs granted
454,545 units
Restricted stock units awarded to President Amy Ervin Sullivan
Underlying common shares
454,545 shares
Each RSU represents one share of common stock
Transaction date
May 14, 2026
Shareholder approval date reflected as transaction date
Grant date
April 2, 2026
Date RSUs were granted, subject to shareholder approval
Post-transaction RSUs held
454,545 units
Beneficially owned from the subject grant following this transaction
Vesting dates
2027, 2028, 2029, 2030
Four equal installments on April 2 of each year
Key Terms
Restricted Stock Units, contingent right, vest, beneficially owned, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock"
vest financial
"The restricted stock units vest in four equal installments at the close of business"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owned financial
"Amounts shown reflect restricted stock units from the subject grant beneficially owned following the transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What did Bed Bath & Beyond (BBBY) disclose about Amy Ervin Sullivan in this Form 4?
Bed Bath & Beyond reported that President Amy Ervin Sullivan received 454,545 restricted stock units. Each unit represents one share of common stock, forming a large equity-based compensation award tied to future vesting dates through 2030.
How many restricted stock units did BBBY grant to its president Amy Ervin Sullivan?
The company granted Amy Ervin Sullivan 454,545 restricted stock units. Each RSU corresponds to one share of common stock, giving her a substantial potential ownership interest if the units fully vest and are settled in shares over time.
When do Amy Ervin Sullivan’s Bed Bath & Beyond restricted stock units vest?
The RSUs vest in four equal installments on April 2, 2027, April 2, 2028, April 2, 2029, and April 2, 2030. Shares underlying vested units are delivered to her promptly after each vesting date according to the grant terms.
What does each restricted stock unit granted to Amy Ervin Sullivan represent?
Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond common stock. The right becomes actual share ownership only as the RSUs vest over time and the company delivers the corresponding shares.
How many Bed Bath & Beyond restricted stock units does Amy Ervin Sullivan own after this transaction?
Following this reported transaction, Amy Ervin Sullivan beneficially owns 454,545 restricted stock units from the subject grant. These units provide potential future common stock, dependent on continued service and the scheduled vesting dates through 2030.