other material
confidence high
sentiment neutral
materiality 0.35
CEO Marcus Lemonis forfeits options on 1.75M shares to return them to equity plan
BED BATH & BEYOND, INC.
- Marcus Lemonis voluntarily forfeited all outstanding options to purchase 1,750,000 shares of common stock.
- No consideration was received for the forfeiture; no commitment for replacement equity awards was made.
- Shares underlying the options returned to the Amended 2005 Equity Incentive Plan for future grants to other employees.
- Forfeiture effective August 3, 2026.