---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-24-000003"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:43:45.529263+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Beyond, Inc. appoints Marcus Lemonis as Executive Chairman with performance-based stock option award

## Summary
- Marcus Lemonis appointed Executive Chairman effective February 20, 2024, having joined the board in October 2023.
- He receives a performance-based stock option award for up to 2,250,000 shares with exercise prices of $45, $50, and $60.
- Award vests only if Beyond's stock price averages at least $45 (500k shares), $50 (750k), or $60 (1M) over 20 consecutive days.
- Stock price rose approximately 72% from $15.04 (Oct 2, 2023) to $25.89 (Feb 16, 2024) since Lemonis joined the board.
- No salary or guaranteed equity; award requires stockholder approval at the 2024 annual meeting.

## SEC filing metadata
- accession: 0001130713-24-000003
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000003/0001130713-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000003/ostk-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-24-000003
- JSON: https://secwatch.observer/filing/0001130713-24-000003.json
- Plain text: https://secwatch.observer/filing/0001130713-24-000003.txt

## Key facts
- Executive change
  Marcus Lemonis was appointed as Executive Chairman at BED BATH & BEYOND, INC..
  - Action: appointed
  - Role: Executive Chairman
  source text: On February 16, 2024, the Board of Directors (the “Board”) of Beyond, Inc. (“Beyond”) appointed Marcus Lemonis to serve as the Executive Chairman of the Board of Beyond, effective February 20, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000003/0001130713-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.