Bed Bath & Beyond (BBBY) president receives 95,255 shares in merger stock conversion

Rhea-AI Filing Summary

BED BATH & BEYOND, INC. President Amy Ervin Sullivan reported acquiring 95,255 shares of the company’s common stock on April 2, 2026. The shares were received at $0.00 per share, reflecting stock and restricted share unit conversion terms under a previously signed merger agreement with The Brand House Collective, Inc. using a 0.1993 exchange ratio. Following this transaction, she directly holds 95,255 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sullivan Amy Ervin

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	95,255	$0.00	--

Holdings After Transaction: Common Stock — 95,255 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 95,255 shares Price per share: $0.00 per share Post-transaction holdings: 95,255 shares +2 more

5 metrics

Shares acquired 95,255 shares Common stock granted on April 2, 2026

Price per share $0.00 per share Reported transaction price for granted shares

Post-transaction holdings 95,255 shares Total common shares directly held after transaction

Exchange ratio 0.1993 BBBY shares per TBHC common share or RSU

Transaction code A Grant, award, or other acquisition of common stock

Key Terms

restricted share unit, Exchange Ratio, Fractional Share Consideration, Agreement and Plan of Merger

4 terms

restricted share unit financial

"each TBHC restricted share unit ("TBHC RSU") became fully vested and was converted"

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Exchange Ratio financial

"the right to receive 0.1993 shares (the "Exchange Ratio") of the Issuer's common stock"

The exchange ratio is the number used to decide how many shares of one company you get for each share you own in another company during a merger or acquisition. It’s like a recipe that tells you how to swap shares fairly, ensuring both companies’ values are balanced. This ratio matters because it determines how ownership divides between the companies' shareholders.

Fractional Share Consideration financial

"plus any Fractional Share Consideration, and (ii) each TBHC restricted share unit"

Agreement and Plan of Merger regulatory

"Pursuant to the Agreement and Plan of Merger, dated as of November 24, 2025"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Sullivan Amy Ervin

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/02/2026		A		95,255(1)	A	$0	95,255	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pursuant to the Agreement and Plan of Merger, dated as of November 24, 2025, by and among the Issuer, The Brand House Collective, Inc. ("TBHC") and Knight Merger Sub II (the "Merger Agreement"), on April 2,2026 (i) each share of TBHC common stock held by the reporting person was cancelled and converted into the right to receive 0.1993 shares (the "Exchange Ratio") of the Issuer's common stock, plus any Fractional Share Consideration, and (ii) each TBHC restricted share unit ("TBHC RSU") became fully vested and was converted into the right to receive the number of shares of the Issuer's common stock equal to the number of shares of TBHC common stock subject to such TBHC RSU multiplied by the Exchange Ratio, plus any Fractional Share Consideration less a number of shares to satisfy tax withholding, as applicable.

	/s/ Christina Wheeler, Attorney-in-Fact	04/06/2026
	** Signature of Reporting Person	Date
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 transaction did BBBY President Amy Ervin Sullivan report?

Amy Ervin Sullivan reported acquiring 95,255 shares of Bed Bath & Beyond common stock. The shares were received at $0.00 per share as part of stock and restricted share unit conversion mechanics under a merger agreement with The Brand House Collective, Inc.

How many BBBY shares does Amy Ervin Sullivan hold after this Form 4?

After the reported transaction, Amy Ervin Sullivan directly holds 95,255 shares of Bed Bath & Beyond common stock. This entire position reflects the shares received through the merger-related conversion on April 2, 2026, as shown in the Form 4.

What was the price per share in Amy Ervin Sullivan’s BBBY stock acquisition?

The reported acquisition carried a price of $0.00 per share. This indicates the shares were granted as part of equity conversion and restricted share unit vesting, rather than purchased in the open market, under the merger agreement terms.

How did the Bed Bath & Beyond and TBHC merger affect Amy Ervin Sullivan’s holdings?

Under the merger agreement with The Brand House Collective, each TBHC share she held converted into 0.1993 Bed Bath & Beyond shares. Her TBHC restricted share units also vested and converted into BBBY shares, subject to fractional share consideration and tax withholding.

What is the exchange ratio used in the BBBY–TBHC share conversion?

The merger applied an exchange ratio of 0.1993 shares of Bed Bath & Beyond common stock for each share of The Brand House Collective common stock. The same ratio applied to the TBHC restricted share units when they vested and converted into BBBY shares.

Were TBHC restricted share units involved in Amy Ervin Sullivan’s BBBY grant?

Yes. Each TBHC restricted share unit held by Amy Ervin Sullivan became fully vested and converted into Bed Bath & Beyond shares. The number of BBBY shares equaled the TBHC RSUs multiplied by the 0.1993 exchange ratio, adjusted for fractional shares and tax withholding.