secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K/A
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001130713-23-000071
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMO Angela Hsu resigns; receives $224,583 severance and RSU acceleration
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- Angela Hsu resigned as Chief Marketing Officer effective Sept 6, 2023; agreement executed Oct 3, 2023.
- Lump-sum severance payment of $224,583, less payroll deductions.
- Accelerated vesting of RSUs originally scheduled to vest within 7 months of resignation (by April 6, 2024).
- Payments made under the company's Key Employee Severance Plan in exchange for a signed Release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000071/0001130713-23-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000071/ostk-20230906.htm
  HTML page:      https://secwatch.observer/filing/0001130713-23-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer