STOCK TITAN

BBBY (BBBY) accounting chief exercises 1,500 RSUs, 366 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BED BATH & BEYOND, INC. Chief Accounting Officer Leah R. Putnam exercised restricted stock units into common shares and had shares withheld for taxes. On April 12, 2026, 1,500 restricted stock units converted into 1,500 shares of common stock at a stated price of $0.00 per share. Of these, 366 shares were automatically disposed of at $4.69 per share to cover tax obligations, leaving her with 17,688 shares of common stock held directly after the transactions. The footnote explains these restricted stock units vested in three equal installments on April 12 of 2024, 2025, and 2026, with vested shares delivered promptly after each vesting date, and that the amounts shown reflect restricted stock units from this grant beneficially owned following the reported transaction.

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Insider Putnam Leah R
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 1,500 $0.00 --
Exercise Common Stock 1,500 $0.00 --
Tax Withholding Common Stock 366 $4.69 $2K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 18,054 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs exercised 1,500 units Restricted stock units converting into common stock on April 12, 2026
Common shares acquired 1,500 shares Shares received from RSU conversion at stated $0.00 per share
Shares withheld for taxes 366 shares Disposed of at $4.69 per share as tax-withholding
Tax-withholding price $4.69 per share Price for 366-share F-code disposition
Shares held after transaction 17,688 shares Direct BBBY common stock holdings following April 12, 2026 transactions
Remaining RSUs from grant 0 units Total_shares_following_transaction for RSUs after final vesting and delivery
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Putnam Leah R

(Last)(First)(Middle)
433 ASCENSION WAY
SUITE 300

(Street)
MURRAY UTAH 84123

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BED BATH & BEYOND, INC. [ BBBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/12/2026M1,500A(1)18,054D
Common Stock04/12/2026F366D$4.6917,688D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/12/2026M1,500 (1) (1)Common Stock1,500$00(1)D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock. The restricted stock units vested in three equal installments at the close of business on April 12, 2024, April 12, 2025, and April 12, 2026. 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.
/s/ Christina Wheeler, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BBBY Chief Accounting Officer Leah Putnam report?

Leah Putnam reported exercising 1,500 restricted stock units into 1,500 shares of Bed Bath & Beyond common stock. As part of the same event, 366 shares were withheld and disposed of at $4.69 per share to satisfy tax obligations, leaving her with 17,688 directly held shares.

Did Leah Putnam buy or sell Bed Bath & Beyond (BBBY) shares on the market?

The filing shows no open-market purchase or sale. Instead, 1,500 restricted stock units converted into common shares and 366 shares were withheld and disposed of to cover tax liabilities, a standard non-market mechanism often used when equity awards vest and trigger income taxes.

How many BBBY shares does Leah Putnam hold after this Form 4 filing?

After these transactions, Leah Putnam directly holds 17,688 shares of Bed Bath & Beyond common stock. This figure reflects the net position following the conversion of 1,500 restricted stock units and the tax-withholding disposition of 366 shares at $4.69 per share on April 12, 2026.

What happened to Leah Putnam’s restricted stock units in this BBBY Form 4?

The restricted stock units represented a right to receive common shares. On April 12, 2026, 1,500 units from the grant converted into 1,500 common shares. A footnote states the units vested in three equal installments on April 12, 2024, 2025, and 2026 before share delivery.

Why were 366 Bed Bath & Beyond shares disposed of at $4.69 in this filing?

The 366-share disposition at $4.69 per share is labeled as a tax-withholding transaction. This means shares were automatically withheld and delivered to satisfy tax liabilities arising from the vesting and conversion of 1,500 restricted stock units into common stock, rather than a discretionary market sale.