BBBY director gains shares via RSU vesting, new grant
Bed Bath & Beyond director Joseph J. Tabacco Jr. reported compensation-related equity activity.
Rhea-AI Filing Summary
Bed Bath & Beyond director Joseph J. Tabacco Jr. reported compensation-related equity activity. On May 15, 2026, restricted stock units covering 26,873 shares of common stock vested and were converted into the same number of common shares, increasing his directly held stock.
On May 14, 2026, he also received a new grant of 35,181 restricted stock units, each representing a contingent right to one share of common stock that will vest on May 14, 2027. After these transactions, he holds 38,379 common shares directly, plus 167,209 common shares indirectly held by the Joseph Tabacco and Peggy Schmidt Revocable Trust, along with 35,181 RSUs from the new grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,873 shares exercised/converted
Exercise
4 txns
Insider
TABACCO JOSEPH J JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,873 | $0.00 | $0.00 |
| Exercise | Common Stock | 26,873 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 35,181 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 35,181 contracts (Direct);
Common Stock — 38,379 shares (Direct);
Common Stock — 167,209 shares (Indirect, Held by the Joseph Tabacco and Peggy Schmidt Revocable Trust.)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units vested at the close of business on May 15, 2026. 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..
- F2. Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units vest at the close of business on May 14, 2027. Vested shares will be 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 vested: 26,873 shares
New RSU grant: 35,181 units
Direct common shares after transactions: 38,379 shares
+3 more
6 metrics
RSUs vested
26,873 shares
Restricted stock units converted to common stock on May 15, 2026
New RSU grant
35,181 units
Grant dated May 14, 2026, each for one common share
Direct common shares after transactions
38,379 shares
Directly held by Joseph J. Tabacco Jr. following reported activity
Indirect common shares
167,209 shares
Held by the Joseph Tabacco and Peggy Schmidt Revocable Trust
RSUs outstanding after grant
35,181 units
Restricted stock units from the May 14, 2026 grant
Exercise/Conversion transactions
1 transaction, 26,873 shares
Derivative exercise/conversion summarized in filing
Key Terms
Restricted Stock Units, derivative security, grant, award, or other acquisition, Revocable Trust, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Revocable Trust financial
"Held by the Joseph Tabacco and Peggy Schmidt Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficially owned financial
"Amounts shown reflect restricted stock units from the subject grant beneficially owned following the transaction reported herein."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did BBBY director Joseph J. Tabacco Jr. report?
He reported RSU-related equity activity, not open-market trades. On May 15, 2026, 26,873 restricted stock units vested into common shares, and on May 14, 2026, he received a grant of 35,181 new restricted stock units as compensation.
What new restricted stock unit grant did BBBY director Tabacco receive?
On May 14, 2026, he received 35,181 restricted stock units. Each unit represents a contingent right to one Bed Bath & Beyond common share, scheduled to vest at the close of business on May 14, 2027, subject to the grant’s terms.
Were there any open-market buys or sells by BBBY director Tabacco in this Form 4?
No open-market purchases or sales were reported. The filing shows an RSU grant and the vesting and conversion of restricted stock units into common shares, which are standard compensation-related equity transactions rather than discretionary market trades.
When will Joseph J. Tabacco Jr.’s new Bed Bath & Beyond RSUs vest?
The 35,181 restricted stock units granted on May 14, 2026 vest at the close of business on May 14, 2027. Once vested, one share of common stock will be delivered for each unit, according to the grant’s stated terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
