Form 4: BBBY CFO Adrianne Lee Reports Stock Transactions

Bed Bath & Beyond's President & CFO, Adrianne Lee, reported the vesting and conversion of restricted stock units, a tax-related sale, and the acquisition of common stock warrants.

Summary

• On January 23, 2026, Adrianne Lee, President & CFO of Bed Bath & Beyond, Inc. (BBBY), acquired 20,965 shares of common stock at a price of $0.0001 per share, resulting from the vesting and conversion of an equal number of restricted stock units.
• Concurrently, 6,049 shares of common stock were disposed of at $6.87 per share, likely to cover tax obligations associated with the RSU vesting.
• Following these transactions, Adrianne Lee directly beneficially owns 75,350 shares of common stock.
• The filing also reported the acquisition of 6,043 common stock warrants on October 7, 2025, which were issued as a pro-rata distribution to all common stock holders. These warrants have an exercise price of $15.50, became exercisable on December 3, 2025, and expire on October 7, 2026.
• Adrianne Lee continues to hold 75,336 restricted stock units with different vesting schedules, in addition to the common stock and warrants.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation and a pro-rata warrant distribution, which are neutral events in terms of company performance or strategic direction.

Positives

• The vesting of 20,965 restricted stock units indicates the fulfillment of long-term incentive compensation for the President & CFO, aligning executive interests with shareholder value creation.
• The acquisition of 6,043 common stock warrants, distributed pro-rata to all shareholders, provides potential future upside if the stock price exceeds the $15.50 exercise price.

Negatives

• The disposition of 6,049 shares of common stock at $6.87 per share, likely for tax withholding, reduces the direct equity stake of the President & CFO.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The pro-rata distribution of warrants to all common stock holders ensures equitable treatment and provides potential future value.
• Employees (specifically Adrianne Lee): The vesting of restricted stock units represents the realization of long-term incentive compensation, aligning executive interests with shareholder value creation.

Next Steps

• The common stock warrants held by Adrianne Lee can be exercised at $15.50 per share until their expiration on October 7, 2026.

Key Dates

Keywords

BBBY, Bed Bath & Beyond, Adrianne Lee, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Warrants, Executive Compensation, Officer Stock Sale, Officer Stock Acquisition