Bed Bath & Beyond (NASDAQ: BBBY) CAO receives 40,000 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Putnam Leah R reported acquisition or exercise transactions in this Form 4 filing.
BED BATH & BEYOND, INC. Chief Accounting Officer Leah R. Putnam reported receiving a grant of 40,000 restricted stock units (RSUs), each representing a right to one share of common stock. These RSUs vest in three equal installments on February 17, 2027, February 17, 2028, and February 17, 2029, with shares delivered promptly after each vesting date. Following this grant, she beneficially owns 40,000 RSUs from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Putnam Leah R
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 40,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BBBY Chief Accounting Officer Leah R. Putnam report?
Leah R. Putnam reported receiving a grant of 40,000 restricted stock units in Bed Bath & Beyond common stock. These RSUs are a form of equity-based compensation and convert into shares only as they vest over several future years.
How many restricted stock units were granted to BBBY executive Leah R. Putnam?
Leah R. Putnam was granted 40,000 restricted stock units tied to Bed Bath & Beyond common stock. Each unit represents the right to receive one share, subject to vesting conditions over a three-year schedule ending in 2029.
What is the vesting schedule for Leah R. Putnam’s 40,000 BBBY RSUs?
The 40,000 RSUs vest in three equal installments on February 17, 2027, February 17, 2028, and February 17, 2029. After each vesting date, shares of Bed Bath & Beyond common stock are delivered to her promptly.
Does Leah R. Putnam’s BBBY Form 4 show open-market buying or selling?
The Form 4 shows an acquisition through a grant of 40,000 restricted stock units, not an open-market purchase or sale. It reflects equity compensation that converts into shares only as the units vest over time.
What does each Bed Bath & Beyond RSU granted to Leah R. Putnam represent?
Each restricted stock unit granted to Leah R. Putnam represents a contingent right to receive one share of Bed Bath & Beyond common stock. The units must first vest on scheduled future dates before the underlying shares are delivered.