BBBY ex-CAO exercises 75K shares, withholds for taxes
Bed Bath & Beyond’s former Chief Accounting Officer Leah R. Putnam reported multiple equity compensation events in the company’s common stock.
Rhea-AI Filing Summary
Bed Bath & Beyond’s former Chief Accounting Officer Leah R. Putnam reported multiple equity compensation events in the company’s common stock. On May 14, 2026, she exercised performance shares and restricted stock units into a total of 75,013 shares of common stock, while 18,268 shares were disposed of at $4.69 per share to cover tax liabilities. She also received a grant of 1,068 restricted stock units, which were approved by shareholders on May 14, 2026. Footnotes state that several restricted stock units and performance shares had their vesting accelerated in connection with her departure from the company, with vested shares to be delivered promptly after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
75,013 shares exercised/converted
Exercise
19 txns
Insider
Putnam Leah R
Role
Frmr. Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,186 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,622 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,858 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 40,000 | $0.00 | $0.00 |
| Exercise | Performance Shares | 3,287 | $0.00 | $0.00 |
| Exercise | Performance Shares | 15,060 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,068 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,186 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 289 | $4.69 | $1K |
| Exercise | Common Stock | 11,622 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,830 | $4.69 | $13K |
| Exercise | Common Stock | 3,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 940 | $4.69 | $4K |
| Exercise | Common Stock | 40,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,740 | $4.69 | $46K |
| Exercise | Common Stock | 3,287 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 801 | $4.69 | $4K |
| Exercise | Common Stock | 15,060 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,668 | $4.69 | $17K |
Holdings After Transaction:
Restricted Stock Units — 1,068 contracts (Direct);
Performance Shares — 0 contracts (Direct);
Common Stock — 74,433 shares (Direct)
Footnotes (8)
- F1. Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. ("BBBY") common stock. The restricted stock units vested or were scheduled to vest in three equal installments at the close of business on November 15, 2024, November 15, 2025, and November 15, 2026. In connection with the reporting person's departure from BBBY, the vesting of the restricted stock units accelerated at the close of business on May 14, 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of BBBY common stock. The restricted stock units vested or were scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028. In connection with the reporting person's departure from BBBY, the vesting of the restricted stock units accelerated at the close of business on May 14, 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.
- F3. Each restricted stock unit represents a contingent right to receive one share of BBBY common stock. The restricted stock units vested or were scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028. In connection with the reporting person's departure from BBBY, the vesting of the restricted stock units accelerated at the close of business on May 14, 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.
- F4. Each restricted stock unit represents a contingent right to receive one share of BBBY common stock. The restricted stock units were scheduled to vest in three equal installments at the close of business on February 17, 2027, February 17, 2028, and February 17, 2029. In connection with the reporting person's departure from BBBY, the vesting of the restricted stock units accelerated at the close of business on May 14, 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.
- F5. Each performance share represents a contingent right to receive one share of BBBY common stock. The performance shares vested or were scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028. In connection with the reporting person's departure from BBBY, the vesting of the performance shares accelerated at the close of business on May 14, 2026. Vested shares will be delivered to the reporting person promptly after the performance shares vest. Amounts shown reflect performance shares from the subject grant beneficially owned following the transaction reported herein.
- F6. Each performance share represents a contingent right to receive one share of BBBY common stock. The performance shares vested or were scheduled to vest in three equal installments at the close of business on February 4, 2026, February 4, 2027, and February 4, 2028. In connection with the reporting person's departure from BBBY, the vesting of the performance shares accelerated at the close of business on May 14, 2026. Vested shares will be delivered to the reporting person promptly after the performance shares vest. Amounts shown reflect performance shares from the subject grant beneficially owned following the transaction reported herein.
- F7. Each restricted stock unit represents a contingent right to receive one share of BBBY common stock. The restricted stock units were scheduled to vest in three equal installments at the close of business on February 17, 2027, February 17, 2028 and February 17, 2029. In connection with the reporting person's departure from BBBY, the vesting of the restricted stock units accelerated at the close of business on May 15, 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.
- F8. The restricted stock units were granted effective March 11, 2026 subject to shareholder approval, which shareholder approval was received on May 14, 2026.
Key Figures
Shares from derivative exercises: 75,013 shares
Shares for tax withholding: 18,268 shares at $4.69/share
RSU grant: 1,068 restricted stock units
+2 more
5 metrics
Shares from derivative exercises
75,013 shares
ExerciseShares from performance shares and RSUs on May 14, 2026
Shares for tax withholding
18,268 shares at $4.69/share
Tax-withholding dispositions on May 14, 2026
RSU grant
1,068 restricted stock units
Grant effective March 11, 2026, approved May 14, 2026
Tax-withholding transactions
6 transactions
TaxWithholdingCount in transaction summary
Derivative transactions
7 derivative entries
DerivativeTransactionCount in transaction summary
Key Terms
restricted stock unit, performance share, tax-withholding disposition, derivative security, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Bed Bath & Beyond, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
derivative security financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BBBY’s Leah R. Putnam report on May 14, 2026?
Leah R. Putnam reported exercising equity awards into 75,013 shares of Bed Bath & Beyond common stock and disposing of 18,268 shares to cover tax obligations, plus receiving a grant of 1,068 restricted stock units.
Were Leah R. Putnam’s BBBY transactions open-market buys or sales?
No open-market buys or sales were reported. The filing shows derivative exercises and tax-withholding dispositions, where shares were delivered to cover tax liabilities rather than sold in the open market.
What new equity award did Leah R. Putnam receive from BBBY?
She received a grant of 1,068 restricted stock units, representing the right to receive an equal number of Bed Bath & Beyond common shares. The grant was effective March 11, 2026, subject to shareholder approval obtained on May 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
