Big Lots, Inc. filings document the retailer's Chapter 11 cases, related material-event disclosures, and court-linked operating reports. Its 8-K records describe voluntary bankruptcy petitions by Big Lots and its subsidiaries, Regulation FD disclosures furnishing monthly operating reports, and cautionary language regarding trading in the company's common shares.
The filing record centers on corporate-status reporting, liquidity and operating information presented during the restructuring process, capital-structure matters, and risk disclosures associated with the company's public securities.
Michael Allen Schlonsky, Executive Vice President and director-level reporting person for Big Lots, Inc., reported an insider sale on 09/02/2025. The filing shows 32,112 shares sold (transaction code S) at a reported price of $0.0003 per share, leaving 167,505 shares beneficially owned directly after the sale. The report also discloses 3,300 shares held indirectly by the Joseph Schlonsky 2007 Trust and 4,020.65 shares held indirectly under the Big Lots 401(k) Plan. The reporting person signed the Form 4 on 09/03/2025 and included explanatory notes about the trust and 401(k) source data.
Insider sale reported by Michael Allen Schlonsky, Executive Vice President of Big Lots, Inc. (ticker: BIG). On 08/28/2025 Mr. Schlonsky sold 63,167 shares of Big Lots common stock at a reported price of $0.0018 per share. After the sale he beneficially owned 199,617 shares directly, plus 4,020.65 shares held in the company 401(k) Plan and 3,300 shares held indirectly as trustee of the Joseph Schlonsky 2007 Trust. The filing discloses his officer role and confirms the 401(k) and trust holdings.
Michael Allen Schlonsky, Executive Vice President and director of Big Lots, Inc. (ticker BIG), reported two open-market sales of company common stock and disclosed indirect holdings. On 07/01/2025 he sold 14,115 shares at a reported price of $0.016 per share and on 08/08/2025 he sold 10 shares at $0. Following these transactions he beneficially owned 262,794 shares directly. He also reports 3,300 shares indirectly as trustee of the Joseph Schlonsky 2007 Trust and 4,020.65 shares held under the Big Lots 401(k) Plan. The form is signed and dated 08/25/2025.
Big Lots, Inc. provides an update on its Chapter 11 proceedings by furnishing a monthly operating report for the period ended June 28, 2025 that was filed with the U.S. Bankruptcy Court in Delaware.
The company reiterates that it is operating under chapter 11 protection and strongly warns that trading in its common shares is highly speculative, noting that it expects holders of its common shares will experience a complete loss on their investment.
Big Lots also states that it does not intend to file a Quarterly Report on Form 10‑Q for the quarter ended November 2, 2024 or future Quarterly or Annual Reports on Forms 10‑Q and 10‑K, and instead plans to provide current reports that disclose material Chapter 11 developments and attach its bankruptcy court monthly operating reports.