---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-24-000037"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:35:28.884057+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beyond stockholders approve board declassification, increased equity plan limit, and Chairman performance option

## Summary
- Stockholders approved declassifying the board; directors may now be removed with or without cause by majority vote.
- Amendment to 2005 Equity Plan increases annual performance share limit per participant from 100,000 to 250,000.
- Executive Chairman Marcus Lemonis granted performance option for up to 2,250,000 shares at exercise prices of $45, $50, and $60 per share, subject to stock price and service vesting.
- Option grant approved by stockholders with 12,590,086 for, 10,152,136 against, 417,134 abstain, and 10,869,925 broker non-votes.
- Directors Joanna C. Burkey and Barclay F. Corbus were elected with 22.5M and 17.1M votes for, respectively; KPMG ratified; say-on-pay approved.

## SEC filing metadata
- accession: 0001130713-24-000037
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000037/0001130713-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000037/ostk-20240521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-24-000037
- JSON: https://secwatch.observer/filing/0001130713-24-000037.json
- Plain text: https://secwatch.observer/filing/0001130713-24-000037.txt

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